The interim government has announced plans to purchase 25 new aircraft from US aerospace giant Boeing, a deal aimed at consolidating the country’s nearly Tk 1 lakh crore export market in the United States, Civil Aviation and Tourism Adviser Sk Bashir Uddin said Sunday.

The deal, scheduled to be signed Monday, is expected to cost between Tk 30,000 crore and Tk 35,000 crore. While the US initially offered 47 aircraft, the government has opted to proceed with 25 for now.

Adviser Bashir said the transaction is being finalised by the interim administration to ensure a smooth transition for the incoming elected government.

“The interim government is completing this deal to ensure that the incoming elected government can operate without additional pressure,” he said at a briefing at the Secretariat.

Details of the agreement, including terms and conditions, will be disclosed after the signing, he added.

Boeing-Airbus issue not to affect Bangladesh’s ties with Europe: AdviserTouhid

The adviser also highlighted ongoing negotiations with the United States to reduce tariffs on Bangladeshi products. “Our exports to the US were initially subjected to a 37 percent tariff, which we managed to reduce to 20 percent through negotiations,” he said.

Bangladesh’s key export, ready-made garments, is a focal point in discussions to bring duties down to zero.

Bashir said Bangladesh was the only country whose agreement details were publicly disclosed internationally, causing complications during prior negotiations.

“Had the agreement not been made public, I firmly believe we could have secured an even lower rate,” he said.

The government continues to explore the extent to which tariffs can be reduced under the upcoming trade framework with the United States.