The Straits Times
www.straitstimes.com
Published on Jan 14, 2013
 

Bangladesh PM to ink $1.8bn arms, nuclear deals in Russia

 
 

DHAKA - Bangladesh's Prime Minister Sheikh Hasina will sign defence and nuclear energy deals worth US$1.5 billion (S$1.8 billion) during a three-day visit to Russia which begins on Monday, the government announced.

Ms Hasina flew out the Bangladeshi capital Dhaka on Monday at the head of a 54-member delegation to Moscow where she is expected to hold talks with President Vladimir Putin at his Kremlin offices on Tuesday.

Foreign Minister Dipu Moni told reporters a total of nine accords would be signed during the trip, including a US$500 million credit agreement to help fund construction of Bangladesh's first nuclear power plant.

Mr Moni also said Bangladesh would use Russian government credit to enable it to buy a range of defence equipment.