MOSCOW (AP) — Russia agreed on Tuesday to lend Bangladesh a total of $1.5 billion to help finance the construction of its first nuclear power station and buy Russian arms.
The agreements were signed following Bangladesh Prime Minister Sheikh Hasina Wajed's meeting with Russian President Vladimir Putin in the Kremlin. The Kremlin said $1 billion will fund the purchases of Russian arms, while $500 million will be spent on the construction of a nuclear power station in Ruppur, 200 kilometers (120 miles) from the capital, Dhaka, to be built by the Russian state atomic energy corporation, Rosatom.
Hasina's two-day stay in Moscow is the first official visit of a leader from the South Asian country since her father visited in 1972. On Wednesday, Hasina is to speak to students at Moscow State University, meet with the head of Rosatom and visit the offices of Gazprom, the state natural gas supplier.