Arab Today, arab today russia bangladesh seal 1 bn arms deal
Last Updated : GMT 15:50:29
Arab Today, arab today
Arab Today, arab today

Russia, Bangladesh seal $1 bn arms deal

Arab Today, arab today

Arab Today, arab today Russia, Bangladesh seal $1 bn arms deal

Moscow - AFP

Russian President Vladimir Putin on Tuesday met the prime minister of Bangladesh for talks that included the signature of a $1 billion arms contract, the Asian nation\'s biggest since its 1971 independence. Bangladesh has recently been expanding its defence capabilities, building a new air base close to neighbouring Myanmar and adding frigates to its navy. \"Our countries intend to expand their military and technological cooperation,\" news agencies quoted Putin as telling Bangladeshi Prime Minister Sheikh Hasina during a Kremlin ceremony. \"Russia will extend Bangladesh a credit of $1 billion, which will be spent on the purchase on Russian weapons and military technology,\" the Russian leader said. The arms purchase agreement included orders for armoured vehicles and infantry weapons, air defence systems and Mi-17 transport helicopters, a source close to Russia\'s state arms export agency told the Vedomosti business daily. The source said the purchase did not include any tank orders because Bangladesh had earlier obtained those from China. Bangladesh also opted out of its initial plans to purchase eight advanced Mig-29 fighter jets because of their $500 million price tag. A separate part of the agreements saw Russia assign $500 million to finance the construction of Bangladesh\'s first nuclear power plant, to be built at a site called Rooppur. The two planned Rooppur reactors are expected to cost $4 billion, with Russia also agreeing to continue financing construction after the first phase of the project is complete, news reports said. Bangladesh\'s military spending spree follows the recent discovery of offshore natural gas deposits, which Russian officials believe means it will have no problems repaying the credit. A.N.M Muniruzzaman, an analyst at the Dhaka-based Institute of Peace and Security Studies, told AFP it was the biggest defence deal ever to be signed by Bangladesh which gained independence in 1971.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today russia bangladesh seal 1 bn arms deal Arab Today, arab today russia bangladesh seal 1 bn arms deal

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today russia bangladesh seal 1 bn arms deal Arab Today, arab today russia bangladesh seal 1 bn arms deal

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday