Nikkei – Southeast Asia nations seen giving Moscow breathing room on sanctions
Oil tanks at a petroleum depot in the port of Vladivostok, Russia. Myanmar starts importing Russian fuel oil as early as September. © Reuters
YOHEI MURAMATSU and TOMOYA ONISHI, Nikkei staff writers
September 6, 2022 04:22 JST
BANGKOK/HANOI — From wooing more Russian tourists to boosting trade, Southeast Asian nations are bolstering economic ties with Russia in hopes of curbing inflation and spurring their recovery from the COVID-19 pandemic.
The U.S. and European countries have imposed sweeping sanctions on Russia in response to its invasion of Ukraine. But these efforts could be hindered by emerging nations as they prioritize addressing their own economic headwinds.
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