Bangladesh has approved the purchase of 0.1 MMT of parboiled rice from India in a state-to-state deal at $455 a tonne, officials said on Sunday, as the government races to shore up depleted stocks and combat high prices. Traditionally the world’s fourth-biggest rice producer, Bangladesh’s rice imports are set to hit their highest levels in a decade after floods hit its crops. The price includes shipping, insurance and discharge costs. The rice is to be shipped within 60 days after signing the deal, which will take place soon, a food ministry official said. The approval followed the government’s approval of the purchase of 0.1 MMT of white rice at $442 a tonne from Myanmar, putting aside worsening relations over the Rohingya refugee crisis. Bangladesh is also set to import 150,000 MT of rice from Thailand at $465 per tonne. It has already secured deals with Vietnam and Cambodia as it looks to import a total of 1.5 MMT of rice in the year to June.