Defence purchase loan at high rate

[Anubis]

 

[kobiraaz]

@Skull and Bones loan with interest and arms procurement with interest are two different things. japan gives loan with less than 1% interest rate. I guess they don't know about world market yet!

 

[animelive]

Seriously though, why did we decide to go for 17SH? what kind of stupidity is this. a squadron Mil 28 costs around 300m 2 squadron of YAK should also be 300-350m. Rest could have gone for Radars, arms and Anti-Tank. Because of all the things BD needs right now, its armoured bridges

 

[Rajaraja Chola]

@Skull and Bones loan with interest and arms procurement with interest are two different things. japan gives loan with less than 1% interest rate. I guess they don't know about world market yet!

U have to understand that IMF and WB loans do not come at 2 or even 1 %. Their loan rates are high.
Japan is developed and it can even give money for free. Same is not the case for India. We are developing.

@Skull and Bones loan with interest and arms procurement with interest are two different things. japan gives loan with less than 1% interest rate. I guess they don't know about world market yet!

U have to understand that IMF and WB loans do not come at 2 or even 1 %. Their loan rates are high.
Japan is developed and it can even give money for free. Same is not the case for India. We are developing.

Seriously though, why did we decide to go for 17SH? what kind of stupidity is this. a squadron Mil 28 costs around 300m 2 squadron of YAK should also be 300-350m. Rest could have gone for Radars, arms and Anti-Tank. Because of all the things BD needs right now, its armoured bridges

Defence procurement are wanted and listed by the military itself. The govt merely tries to necessiates its buy through diplomacy.
Even if the deal doesnt fall through, the govt ask the military , whats the second best weapon.
The govt simply cannot order something, the military does not wish.

 

[Iggy]

Why dont you guys check with China? They are happy to give soft loans on defence equipments they manufactured.. Most of the people here claims they produce world class product.. So I think its a better option..

 

[Gyp 111]

Russia, Bangladesh to Discuss $1 Billion Loan to Fund Arms Sales

Russia, Bangladesh to Discuss $1 Billion Loan to Fund Arms Sales - Bloomberg

 

[Avisheik]

Russia, the world's second-largest weapons exporter, has granted a $1 billion loan to Bangladesh for arms purchases, President Vladimir Putin said on Tuesday after talks with the country's prime minister, Sheikh Hasina.

"Our countries intend to broaden military-technical cooperation," Putin said, referring to weapons sales and servicing. He did not specify what weapons or military equipment Bangladesh would buy from Russia.

Russia will provide a separate $500 million loan to Bangladesh to help build its first nuclear power plant, Rooppur, under an agreement signed after the meeting, Putin said.

"We will not only provide the most up-to-date technology ... but we will also provide financial support for the construction of the nuclear power plant at the initial stage," he said.

The head of Russian state nuclear corporation Rosatom, Sergei Kiriyenko, said technical and environmental assessments would be carried out this year for the plant, which is to have two 1,000-megawatt reactors and be completed in the early 2020s.

He told reporters more loans would be required at later stages.

So the deal has been signed. However, the interest rate isnt revealed as of yet. Paying 5% interest rate is too high. I hope hasina managed to bring it down to at least 3%. If not bangladesh will have a hard time balancing its accounts in the future.



As for the last line, WTF!! Normally i like russia, but seriously this is too much.

 

[scholseys]

This deal has corruption written all over it.

 

[Skies]

Even Nepal and Afghanistan have more Military strength than BD???????????!! Why Why Why???

1

United States of America
PwrIndx: 0.2461
2

Russia
PwrIndx: 0.2601
3

China
PwrIndx: 0.3644
4

India
PwrIndx: 0.4346
5

United Kingdom
PwrIndx: 0.5174
6

France
PwrIndx: 0.6151
7

Germany
PwrIndx: 0.6471
8

South Korea
PwrIndx: 0.6528
9

Italy
PwrIndx: 0.6794
10

Brazil
PwrIndx: 0.6866
11

Turkey
PwrIndx: 0.7016
12

Pakistan
PwrIndx: 0.7276
13

Israel
PwrIndx: 0.7539
14

Egypt
PwrIndx: 0.7543
15

Indonesia
PwrIndx: 0.7591
16

Iran
PwrIndx: 0.7773
17

Japan
PwrIndx: 0.7856
18

Taiwan
PwrIndx: 0.8588
19

Canada
PwrIndx: 0.8638
20

Thailand
PwrIndx: 0.8919
21

Mexico
PwrIndx: 0.9092
22

Ukraine
PwrIndx: 0.9126
23

Australia
PwrIndx: 0.9361
24

Poland
PwrIndx: 0.9511
25

Sweden
PwrIndx: 1.0981
26

Saudi Arabia
PwrIndx: 1.1003
27

Vietnam
PwrIndx: 1.1216
28

Ethiopia
PwrIndx: 1.1716
29

North Korea
PwrIndx: 1.1723
30

Spain
PwrIndx: 1.1792
31

Philippines
PwrIndx: 1.1838
32

Switzerland
PwrIndx: 1.2266
33

Malaysia
PwrIndx: 1.2465
34

South Africa
PwrIndx: 1.2582
35

Argentina
PwrIndx: 1.2971
36

Nigeria
PwrIndx: 1.3412
37

Austria
PwrIndx: 1.3722
38

Algeria
PwrIndx: 1.4065
39

Syria
PwrIndx: 1.4643
40

Venezuela
PwrIndx: 1.4842
41

Colombia
PwrIndx: 1.4981
42

Norway
PwrIndx: 1.5147
43

Yemen
PwrIndx: 1.5853
44

Finland
PwrIndx: 1.6121
45

Denmark
PwrIndx: 1.6125
46

Kenya
PwrIndx: 1.6228
47

Singapore
PwrIndx: 1.6333
48

Afghanistan
PwrIndx: 1.6403
49

Greece
PwrIndx: 1.6493
50

Romania
PwrIndx: 1.6544
51

Serbia
PwrIndx: 1.6847
52

Chile
PwrIndx: 1.7081
53

Belgium
PwrIndx: 1.7249
54

Croatia
PwrIndx: 1.7413
55

Portugal
PwrIndx: 1.7618
56

Jordan
PwrIndx: 1.7716
57

Iraq
PwrIndx: 1.8043
58

United Arab Emirates
PwrIndx: 1.8099
59

Libya
PwrIndx: 1.8361
60

Georgia
PwrIndx: 1.8521
61

Mongolia
PwrIndx: 2.1123
62

Kuwait
PwrIndx: 2.1218
63

Paraguay
PwrIndx: 2.1262
64

Nepal
PwrIndx: 2.1591
65

Qatar
PwrIndx: 2.4819
66

Lebanon
PwrIndx: 2.5037
67

Uruguay
PwrIndx: 2.5453
68

Panama

Source: Global Firepower Military Ranks - 2013

 

[Anubis]

Even Nepal and Afghanistan have more Military strength than BD???????????!! Why Why Why???

1

United States of America
PwrIndx: 0.2461
2

Russia
PwrIndx: 0.2601
3

China
PwrIndx: 0.3644
4

India
PwrIndx: 0.4346
5

United Kingdom
PwrIndx: 0.5174
6

France
PwrIndx: 0.6151
7

Germany
PwrIndx: 0.6471
8

South Korea
PwrIndx: 0.6528
9

Italy
PwrIndx: 0.6794
10

Brazil
PwrIndx: 0.6866
11

Turkey
PwrIndx: 0.7016
12

Pakistan
PwrIndx: 0.7276
13

Israel
PwrIndx: 0.7539
14

Egypt
PwrIndx: 0.7543
15

Indonesia
PwrIndx: 0.7591
16

Iran
PwrIndx: 0.7773
17

Japan
PwrIndx: 0.7856
18

Taiwan
PwrIndx: 0.8588
19

Canada
PwrIndx: 0.8638
20

Thailand
PwrIndx: 0.8919
21

Mexico
PwrIndx: 0.9092
22

Ukraine
PwrIndx: 0.9126
23

Australia
PwrIndx: 0.9361
24

Poland
PwrIndx: 0.9511
25

Sweden
PwrIndx: 1.0981
26

Saudi Arabia
PwrIndx: 1.1003
27

Vietnam
PwrIndx: 1.1216
28

Ethiopia
PwrIndx: 1.1716
29

North Korea
PwrIndx: 1.1723
30

Spain
PwrIndx: 1.1792
31

Philippines
PwrIndx: 1.1838
32

Switzerland
PwrIndx: 1.2266
33

Malaysia
PwrIndx: 1.2465
34

South Africa
PwrIndx: 1.2582
35

Argentina
PwrIndx: 1.2971
36

Nigeria
PwrIndx: 1.3412
37

Austria
PwrIndx: 1.3722
38

Algeria
PwrIndx: 1.4065
39

Syria
PwrIndx: 1.4643
40

Venezuela
PwrIndx: 1.4842
41

Colombia
PwrIndx: 1.4981
42

Norway
PwrIndx: 1.5147
43

Yemen
PwrIndx: 1.5853
44

Finland
PwrIndx: 1.6121
45

Denmark
PwrIndx: 1.6125
46

Kenya
PwrIndx: 1.6228
47

Singapore
PwrIndx: 1.6333
48

Afghanistan
PwrIndx: 1.6403
49

Greece
PwrIndx: 1.6493
50

Romania
PwrIndx: 1.6544
51

Serbia
PwrIndx: 1.6847
52

Chile
PwrIndx: 1.7081
53

Belgium
PwrIndx: 1.7249
54

Croatia
PwrIndx: 1.7413
55

Portugal
PwrIndx: 1.7618
56

Jordan
PwrIndx: 1.7716
57

Iraq
PwrIndx: 1.8043
58

United Arab Emirates
PwrIndx: 1.8099
59

Libya
PwrIndx: 1.8361
60

Georgia
PwrIndx: 1.8521
61

Mongolia
PwrIndx: 2.1123
62

Kuwait
PwrIndx: 2.1218
63

Paraguay
PwrIndx: 2.1262
64

Nepal
PwrIndx: 2.1591
65

Qatar
PwrIndx: 2.4819
66

Lebanon
PwrIndx: 2.5037
67

Uruguay
PwrIndx: 2.5453
68

Panama

Source: Global Firepower Military Ranks - 2013

It has been proven in another thread that Global Firepower is not a credible source for Military ranking!

 

[Luffy 500]

These will be useless just like the migs with a source of looting.

Btw @Gyp 111 @kobiraaz , can china supply us the spares of Yak130 if it becomes unable to fly? Or is this trainer compatible with say (I really hope) a future J11 or J10 with BAF?

 

[M_Saint]

These will be useless just like the migs with a source of looting.

Btw @Gyp 111 @kobiraaz , can china supply us the spares of Yak130 if it becomes unable to fly? Or is this trainer compatible with say (I really hope) a future J11 or J10 with BAF?

Luffy Bhai, conveying salaam to you, I would like to take the liberty to say 'No', CHN wouldn't do that. Anyway, it seemed like the YAK wasn't purchased after all though IMO, the entire scheme was to steal money through kick backs like the one of MIG and Shiddirgonj Fertilizer ones...

1.Sheikh Selim confesses taking bribe from Shiddirgong Power 1 - YouTube

2. Sheikh Selim confesses taking bribe from Shiddirgong Power 2 - YouTube

 

[M_Saint]

A good read about Ruskie's arm purchase..

Naya Diganta | Home The Daily NayaDiganta:

 

[monitor]

only thing about this purchase would make the deal fishy is huge interest rate of 4% . we are buying their weapons their industry is going to get the benefit yet they are taking such a huge interest . and the weapons we are buying are on use by us already like the BTR-80 and mi-17 helicopter . other are new like Anti tank missile radar .
the jet trainer aircraft was necessary as we have seen couple of training aircraft accident . beside the intermediate trainer we should look to buy primary training aircraft.