Russian President Vladimir Putin said Tuesday, January 15, 2013, his country will loan Bangladesh $1 billion to purchase Russian-made arms and military equipment. Bangladesh is likely to use the money to buy MiG-29SMT fighter jets, upgrade an earlier batch of MiG-29s and purchase BTR-80 armored vehicles and Mi-171 military helicopters, the official Russian news agency RIA Novosti reported.
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| The armed forces of Bangladesh already use Russian armored vehicles as the BTR-80. |
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