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RIA Novosti

Business

Russia to grant Sri Lanka $300 mln loan to buy armaments

17:07 05/02/2010

Russia will grant Sri Lanka a $300-million loan to buy armaments and dual purpose products, the Russian ambassador said Friday.

A relevant intergovernmental agreement is to be signed during Sri Lankan President Mahinda Rajapaksa's visit to Moscow February 6-8.

The Russian Finance Ministry confirmed the information.

"Such an agreement is being prepared for signing," Dmitry Pankin, a deputy minister, told RIA Novosti.

 

NEW DELHI, February 5 (RIA Novosti)

 

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RIA NovostiDmitry PankinRussia to grant Sri Lanka $300 mln loan to buy armaments

17:07 05/02/2010 Russia will grant Sri Lanka a $300-million loan to buy armaments and dual purpose products, the Russian ambassador said Friday.>>

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