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Bangladesh has recently approved payment of $318m for payment to Russia in the Chinese currency of yuan for construction of the Rooppur NPP. At a recent meeting between the Bangladesh Finance Ministry’s Economic Relations Division and Russian officials, it was decided that the payment will be made in yuan at a Chinese bank account, Uttam Kumar Karmkar, head of the European affairs of Economic Relations Division (ERD), Ministry of Finance confirmed. He added that the transaction has not yet been completed s payment details need to be clarified and resolved.
- Source: NEI Magazine
- Date: Saturday, 22 April 2023
- Original article: neimagazine.com/news/newsbangladesh-pays-russia-in-yuan-for-npp-to-avoid-sanctions-10779590