Dhaka, March 28, 2025 – As Bangladesh grapples with severe economic distress and ongoing protests following last year’s coup, the country has turned to Russia for vital economic support, particularly in securing wheat and other essential goods.
On Thursday (March 27, 2025), Chief Advisor of the Interim Government, Mohammad Yunus, announced that Bangladesh would increase imports of wheat and fertilizers from Russia, highlighting a deepening economic partnership between the two nations.
Strategic Talks on Energy and Nuclear Power
During the Boao Forum for Asia conference in China, Mohammad Yunus met with Russian Deputy Prime Minister Alexei Overchuk to discuss expanding bilateral cooperation. One of the key topics was the operation of Bangladesh's Ruppur Nuclear Power Plant, which is being developed with Russian funding.
“The financial issues related to the Ruppur power plant have been resolved. Bangladesh has deposited the necessary funds in a bank account in Dhaka,” Yunus stated, according to the Dhaka Tribune.
He further revealed that testing of the nuclear power plant is set to begin later this year, with electricity production expected to follow soon after.
Expanding Trade Relations with Russia
Beyond energy cooperation, Bangladesh is actively seeking to import more Russian wheat and fertilizers, as the country faces food security concerns amid its struggling economy.
Russia has also expressed interest in strengthening educational ties. Deputy Prime Minister Overchuk stated,
“We want more Bangladeshi students to come to Russia to study,” signaling Moscow’s intent to deepen people-to-people relations alongside economic agreements.
Geopolitical Implications Ahead of Putin’s India Visit
These discussions between Bangladesh and Russia come at a crucial geopolitical moment, as Russian President Vladimir Putin prepares for his upcoming visit to India.
Recently, Russian Foreign Minister Sergei Lavrov confirmed that Putin has accepted Indian Prime Minister Narendra Modi’s invitation and that preparations for the visit are underway. Lavrov noted that Modi’s first foreign visit after his re-election was to Russia, and now, “it is our turn” to reciprocate the visit.
As Bangladesh strengthens ties with Moscow, the broader implications of Russia’s growing influence in South Asia will be closely watched. The evolving partnerships could shift regional dynamics, particularly amid Western sanctions on Russia and Bangladesh’s ongoing economic struggles.
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