STATEMENT

Statement cites $3.5B in U.S. agriculture purchases and $15B in energy purchases over 15 years

True

Evidence from credible sources supports the statement as accurate. Learn more in Methodology.

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Commercial deals for the cited purchase amounts are executed or formally announced by the contracting parties consistent with this statement.

Source summary

The United States and Bangladesh have reached an Agreement on Reciprocal Trade to deepen bilateral economic ties and expand market access for exporters in both countries. The pact includes tariff reductions (including a general reciprocal tariff rate of 19 percent for Bangladeshi-origin goods and zero-rate treatment for certain products and a specified volume of textiles), commitments by Bangladesh on regulatory, labor, environmental, data, and intellectual property standards, and U.S. support through finance agencies for investment. The two countries noted commercial deals worth roughly $3.5 billion in agricultural purchases and an estimated $15 billion in energy purchases over 15 years, and said they will complete domestic procedures to finalize the Agreement.

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Latest fact check

The joint White House statement explicitly states that Bangladesh will purchase about $3.5 billion of U.S. agricultural products (wheat, soy, cotton, corn) and energy products with an estimated value of $15 billion over 15 years, which is corroborated by USTR fact sheets detailing the reciprocal trade agreement terms.

Sources

Timeline

Update · Feb 10, 2026, 06:14 AMTrue
The joint White House statement explicitly states that Bangladesh will purchase about $3.5 billion of U.S. agricultural products (wheat, soy, cotton, corn) and energy products with an estimated value of $15 billion over 15 years, which is corroborated by USTR fact sheets detailing the reciprocal trade agreement terms.
- https://www.whitehouse.gov/briefings-statements/2026/02/joint-statement-on-framework-for-united-states-bangladesh-agreement-on-reciprocal-trade/
- https://ustr.gov/about/policy-offices/press-office/fact-sheets/2026/february/fact-sheet-united-states-and-bangladesh-reach-agreement-reciprocal-trade
Update · Feb 10, 2026, 05:20 AMTrue
The White House joint statement explicitly lists "Purchases of approximately $3.5 billion of U.S. agriculture products, including wheat, soy, cotton, and corn" and "Purchases of energy products, with an estimated value of $15 billion over 15 years." Independent reporting (Reuters) summarizes the same figures. Verdict: True — primary source (the White House joint statement) and reputable reporting corroborate the claim.
- https://www.whitehouse.gov/briefings-statements/2026/02/joint-statement-on-framework-for-united-states-bangladesh-agreement-on-reciprocal-trade/
- https://www.reuters.com/world/asia-pacific/bangladesh-secures-19-us-tariff-exemption-some-apparel-made-with-us-material-2026-02-09/
Original article · Feb 09, 2026
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