Bangladesh Strikes Major Arms Deal with Russia
World | January 15, 2013, Tuesday| 1130 views
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Russian President Vladimir Putin (R) met with Bangladesh's Prime Minister Sheikh Hasina on Tuesday. Photo by RIA Novosti
Russia will issue a $1 billion loan to Bangladesh for purchases of Russian-made arms and military equipment, it has been announced.
Russian President Vladimir Putin met with Bangladesh's Prime Minister Sheikh Hasina on Tuesday.
"Russia...will allocate a $1 billion loan to Bangladesh for purchases of Russian arms and military equipment," Putin said, as cited by RIA Novosti.
The two countries also settled on a project to jointly build Bangladesh's first nuclear power plant.
Tags: Bangladesh, Russia, Nuclear Power Plant, arms, military
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