Sanctions force South Asian nation to ditch dollar payments to Russia
Russia and Bangladesh have agreed to settle payments for a nuclear power plant in Chinese yuan, Nikkei Asia reports Read Full Article at RT.com
Stay updated with breaking news from Kumar Karmaker. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Russia and Bangladesh have agreed to settle payments for a nuclear power plant in Chinese yuan, Nikkei Asia reports Read Full Article at RT.com
Dhaka couldn’t pay in U.S. dollars as Western sanctions barred Moscow from accessing the international banking system.
Russia and Bangladesh have agreed to settle payments for a nuclear power plant in Chinese yuan, Nikkei Asia reports Read Full Article at RT.com
Russia has proposed a direct payment system bypassing the global standard SWIFT to settle the dues for Rooppur nuclear power plant as the Soviet nation looks to navigate the sanctions from the West following the Ukraine war.
Germany is going to give the state-owned Infrastructure Development Company Limited (Idcol) an €80 million loan for disbursing among entrepreneurs in the renewable energy sector in Bangladesh. According to officials at the specialised non-bank financial institution, it will provide private sector entrepreneurs with a total of €99 million as loans for the implementation of