The Manila Times

The Russians are coming – again!

- VIEWS FROM A BRIT

T first glance, relationsh­ip building between Russia and match. It still does, at least to me even at a second and third glance.

Russians are basically Europeans and the nation, although expansioni­st around its borders in earlier times, has historical­ly never been a colonizer or even notably interested in the concept of overseas colonizati­on as was much pursued by other European powers. Even now its official developmen­t assistance worldwide stands at less than $1 billion a year, compared with the European Union at $ 90 billion and the US at $ 32 billion. Even Norway, with its 5 million population, manages to provide $ 6 billion. According to Xinhua news agency, China had provided $ 36 billion by the end of 2009.

Russia did, however, during its period as the Union of Soviet Socialist Republics establish in 1949 the COMECON, an organizati­on for mutual economic assistance, which existed until 1991. Most members were the Eastern European states such also included Cuba, Mongolia and Vietnam as members, and observers included Mexico, North Korea and Laos. The COMECON disbanded at the end of the Cold War period and the transition of the USSR to the Russian Federation, at which time many of its members joined other organisati­ons such as the EU and Asean. Cuba and Vietnam still retain strong links with the new Russia.

about 20,000 Russian tourists in 2012, compared with the 1.3 million who go to Thailand. In 1949 there were some 5,500 Russians evacuated from China during the communist revolution, and were settled in the Visayas at Tubabao near Eastern Samar.

have dealt with Russians in Russia, both with major organizati­ons such as Gazprom and in Siberia, with communes and local industrial complexes during the Glasnost period of the 1980s. its weather, its people, the food. Hopefully one day I will have other opportunit­ies to visit it. It is very Northern European.

Russian warships have just been in Manila, there is talk of defence cooperatio­n and buying Russian looks like a new initiative on the part of the Russian Federation,

Russia’s main trading partner is the EU, which accounts for 41 percent of Russian exports, mainly oil and gas. In terms of balance of trade most EU states have a deficit with Russia, the largest deficit being with the Netherland­s at minus 21 billion euros. The UK has attracted Russian investment­s of about $ 11 billion, including Russian ownership of a major UK newspaper, “The Independen­t”. According to the United was the eighth biggest investor economy in the world in 2012 – the US came top, the UK was fifth.

Aside from selling a lot of gas and oil to Europe, and also some to China, Russia is the world’s second biggest armaments exporter after the US, with sales of $15 billion a year. Unsurprisi­ng, looking to Russia as a source of armament purchases.

-

B4

ippines would become another Cuba, the times for that sort of thing have long passed, albeit Russia does still manage to prospect for oil in the Gulf of Mexico thanks to its Cuban links.

Russia produces just slightly less coal than Indonesia [ 373MT vs 407MT/ year] and coal is its 4th largest export after petroleum products and may be an alternativ­e source of of the coal is in Siberia and the Russian Far East, as are significan­t oil reserves.

In terms of future trade relationsh­ips, clearly, armaments are a likely area as may be coal, oil and even - pines, there could be exports of agricultur­al products and possibly some semiconduc could tempt some of the 1.3 million tourists away from Thailand, then that would be a useful addition to the 5 million or so tourists that came in 2015.

It would take a lot more trade potential to make much of a dent in the trade relationsh­ips with the EU, US or China, though.

 ??  ??

Newspapers in English

Newspapers from Philippines