Russia Proposes Boosting High-Value Exports to ASEAN
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President Vladimir Putin suggests Russia will increase exports of high-value products like fertilizers and medicines to ASEAN, alongside continued food and energy supplies.
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Why It Matters
The Russia-ASEAN summit aimed to enhance bilateral trade and cooperation.
KAZAN, June 18. /TASS/. Russia suggests increasing exports of fertilizers, drugs and other products with high added value to ASEAN, President Vladimir Putin said in a statement in conclusion of the Russia - ASEAN summit. "Russia suggests scaling up exports of products with high added value to ASEAN countries, including fertilizers and medicines. At the same time, certainly, we will continue supplying foods and energy resources in so high demand to Asian friends," the Russian leader said. The ended summit evidences real interest in further developing mutually beneficial cooperation, Putin added.
What to Watch
AI outlook — possibilities, not facts
Increase in Russia's export revenue from ASEAN
Likely · Medium term
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- Specific increase percentages for exports
