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LANGKAWI (Malaysia), March 27 (RIA Novosti) - Bangladesh is planning to buy 24 Yak-130 Mitten jet trainers on $1 billion credit from Russia, Russia’s state arms exporter Rosoboronexport said on Wednesday.
“Bangladesh has a whole list of arms it wants, but so far that is a state secret. I will reveal one little secret: The purchase of Yak-130 warplanes is a very significant subject of negotiations between Russia and Bangladesh,” Rosoboronexport Deputy Chief Viktor Komardin said at the Langkawi International Maritime and Aerospace exhibition (LIMA-2013) that opened in Malaysia on Tuesday.
He added that negotiations on Yak-130s are due to begin later this spring.
Russia granted Bangladesh a $1 billion credit during the Bangladeshi prime minister’s visit to Moscow in January.
Some 20 Russian companies are taking part in LIMA-2013, which has been held since 1991, including top aircraft manufacturers and the state-owned United Industrial Corporation (Oboronprom), which produces helicopters, aircraft engines and air defense systems.
The Yak-130 is a highly maneuverable aircraft with an extended range of about 2,000 kilometers (1,250 miles) and a maximum speed of 1,060 kilometers per hour (600 miles per hour) in level flight. It can carry a combat payload of up to 3,000 kilograms (6,600 pounds).
The Yak-130 has been chosen as a basic aircraft for Russian Air Force pilot training. First deliveries began in 2009.
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One of the main achievements of the 6th BRICS Summit was the signing of an official document on establishing a New Development Bank with a declared capital of $100 billion. The creation of the bank is an important step towards institutionalizing BRICS and strengthening its positions in the world in the long run.