Russia will issue a $1 billion loan to Bangladesh for purchases of Russian-made arms and military equipment, Russian President Vladimir Putin said after talks with Bangladesh's Prime Minister Sheikh Hasina on Tuesday, January 15, according to RIA Novosti.
“Russia…will allocate a $1 billion loan to Bangladesh for purchases of Russian arms and military equipment,” Putin said.
The deal is part of an array of agreements signed during Putin’s talks with Hasina in Moscow on Tuesday. The two countries also settled on a project to jointly build Bangladesh’s first nuclear power plant and signed memorandums of understanding in various spheres, including anti-terrorism, justice, healthcare and education.
