Monday, April 18, 2016

Some Say ASEAN can benefit from closer Russia ties

They all look so comfortable together
Baoyun Yang, Pridi Banomyong International College, Thammasat University, Thailand, stressed that Russia and ASEAN countries are both showing the willingness to establish the closer cooperation.
"In recent years as Russia has turned its strategic direction to the Asia Pacific region. So Russia is willing to take the occasion of commemorating the 20th anniversary of the establishment of the dialogue partnership with ASEAN to host the summit for enhancing further its cooperation with ASEAN in various fields. On August 2015, Russia and ASEAN have jointly implemented more than 50 Russian investment projects through the agreements including energy and machine manufacturing, information and communication technology, innovation, transportation and logistics, medicine and agriculture. A bilateral working group was established, responsible for priority investment projects with some ASEAN countries. There are 500 Russian and ASEAN enterprises to participate in the business forum during the Summit ," the analyst said.
In his opinion, strengthening its cooperation with ASEAN is matched with Russia's conception of the creation of the Eurasian Economic Union and is also one of the measures to deal with the international and economic problems.

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