Source: Reuters
By Alexei Anishchuk
MOSCOW | Tue Jan 15, 2013 10:42pm IST
(Reuters) – Russia on Tuesday granted Bangladesh a $1 billion loan for weapons purchases and $500 million to help one of Asia’s poorest countries build its first nuclear power plant, Russian President Vladimir Putin said.
Putin moved to strengthen Russia’s presence in the South Asian nation, overseeing the signing of the deals signed in the Kremlin after holding talks with Bangladesh’s Prime Minister Sheikh Hasina.
Russia is the world’s second-largest weapons exporter and is building or seeking to build or upgrade nuclear power plants in several countries in Asia, the Middle East and Europe.
Categories: Asia, Bangladesh, Russia