Asia-Pacific Digest: Sino-Russian trade and Vietnam’s arms market
RBTH ASIA Team
Sochi hosted the Russia-ASEAN summit on May 19-20.
Press Photo/ russia-asean20.ru
Articles and features about Russia efforts to increase its economic engagement with Southeast Asia, the Southern Kurils dispute, and potential competition for Russia in the Vietnamese arms market were among the Asia-Pacific highlights on rbth.com.
Vietnam’s professional military is closely integrated with Russian defense hardware and systems, making it difficult for a third country to crack the market.
Russia and China have reiterated their intention to reach a bilateral trade target of $200 billion by 2020. At a conference in Moscow, leading experts and members of the business community of both countries discussed ways to overcome barriers to greater Sino-Russian bilateral trade.
Since ASEAN has always been a predominantly economic alliance, the foreign trade dimension plays the key role in Russia’s relations with Southeast Asia.
