A dedicated payment infrastructure and a branch of a Russian bank in Dhaka may be among proposals, per local reports
Russia has reportedly proposed a mechanism for settling trade with Bangladesh in Indian rupees to bypass US sanctions and facilitate payments for the Rooppur Nuclear Power Plant, local media has reported.
Dhaka has been unable to make the loan repayments for the Russian-financed plant due to US sanctions on Russian banks.
Moscow’s proposals to overcome the disruption in payment are likely to be discussed at bilateral talks to be held later this year, Bangladesh media reported, citing unnamed officials in Dhaka’s Economic Relations Division (ERD).
RT sources have not confirmed...
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