US Ambassador Haas visits Megna group soy facility

Published : 28 Feb 2023 09:45 PM

US Ambassador Peter Haas, accompanied by the US Soybean Export Council, visited the Meghna Group soy crushing facility in Narayanganj to learn more about demand for US agricultural products in Bangladesh.

Ambassador Haas toured the Meghna facility, from the loading docks to the soy oil production center, the embassy said.

 He discussed the importance of agricultural trade to promote food security, economic growth, and environmental sustainability in Bangladesh with Meghna Group leadership and the plant managers. Meghna Group is the first Bangladeshi company to import US Soy Sustainability Assurance Protocol (SSAP) soybeans.  

The SSAP is a program that allows third parties to audit soybean farms to ensure their practices are environmentally sustainable. Ninety-five percent of US soybean producers partner with the US Department of Agriculture to create and implement conservation programs in accordance with the SSAP.

In 2022, Bangladesh imported $912 million of US agricultural products, including $350 million of high-quality US soybeans.