Trade relations with Russia is not only of interest to ASEAN. Based on information from news agency Yonhap, South Korea along Russia will take part in a joint enterprise project in the special economic zone of North Korea's Rajin-Sonbong in late April. "The conflict between Russia and the West as a result of the Ukrainian crisis triggered ambitious targets Korean diplomacy," said Deputy Foreign Minister of South Korea Cho Tae-yul in Seoul, Monday (13/4).
Ambition April
In the Russian delegation, the Russian government and Vietnam signed an agreement to increase the amount of energy generation in Vietnam and supplied Sukhoi Superjet 100 aircraft and rail cars for the country. Russian companies also are negotiating to build Nuclear Power Plant Energy first Vietnam Ninh Thuáºn I, acquired the Dung Quat oil refinery, as well as the Russian KAMAZ trucks assembled in Vietnam.
From Vietnam, the Russian Prime Minister to visit Thailand to sign an agreement with the government of Vietnam 7 to 8 April. It includes cooperation in the energy sector, the supply of Sukhoi Superjet 100 and KAMAZ trucks, as well as the use of the Thai capital to build a railway line in Kalimantan, Indonesia. Thailand's own party managed to negotiate to increase the supply of agricultural products to Russia.
The Competitors
One of the most important statement in the Russian Prime Minister's visit is the statement of Prime Minister Nguyen Tan Dung related to the establishment of a free trade zone negotiations between Vietnam with the Eurasian Economic Union, led by Russia. According to senior officials of the Vietnamese, it may be realized in the next few months. "Vietnam is an ideal door to enter the dynamic ASEAN region, and facilitate Russia's move to create new contracts with other countries which are members of ASEAN," said Head of the Department of Analysis Deutsche Bank Yaroslav Lisovolik.
However, Trans-Pacific Partnership led by the United States is also trying to enter the area, while local free trade zone between China and ASEAN was already in operation.
"The Russian company has the ability to compete are likely to be lower in business compared to the EU, the US, Australia, and China, countries that have started operations in Vietnam and Thailand," said Yury Zaytsev of the Institute of Applied Economic Studies at the Russian Presidential Academy of National Economy and Public Administration (RPANEPA). According to Zaytsev, regulatory differences in Asian countries is also a barrier for Russian entrepreneurs.
But according Lissovolik, Russia has several advantages which are very useful in establishing trade relations with ASEAN. "First, we can open up the entire Eurasian Economic Union market for our partners. Second, a proposal for cooperation fuel and energy with Russia would be of interest to banak country."
In addition, Russia will try to conduct inter-regional cooperation, said Viktor Sumsky, Director of the ASEAN Centre at MGIMO University. "Especially in an attractive investment in the Russian Far East."
Russia seeks to develop trade cooperation with Asian countries since its relationship with Europe and the US froze.
"For us, Vietnam and Thailand is an import-export diversification and investment risk," said Zaytsev.
Overall, according to Lissovolik, all steps have been correctly. "ASEAN is the most dynamic market and rapidly growing in the world today."
Source: viva.co.id
Source: RBTH Indonesia
0 Comments
