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Trading Deals and Not Loans with Russia under PBBM’s Terms

trading





By: Elena Grace Flores




Sa Iyong Araw
[VIDEO]: Putin’s Offer to President Bongbong Marcos



Trading Deals

PHILIPPINE President Ferdinand R. Marcos, Jr. is looking to pursue government-to-government deals with some of the world’s top suppliers of fertilizer such as Russia and China. He aims to boost the country’s agricultural production. Mr. Marcos told a media forum that his government is open to purchasing or trading oil and fertilizer from Russia, as the country continues to be affected by high energy prices.


Technology Future

Russian Ambassador to the Philippines Marat Pavlov meets with president-elect Bongbong Marcos. They discussed trading issues with gasoline and fertilizers. Pavlov also hints at the possibility of working together towards technological development as the two countries are forging stronger ties in economic dealings.



No Nuclear War Engagement

However, other business tycoons caution the president to be careful in the said dealings with Russia. Any action that would send the wrong message to America can put a halt in investments from the US. Nevertheless, the Filipino president is firm on the country’s independent foreign policy for the good of the people. Besides, President Marcos’ ultimate condition to Russia is to not engage in a nuclear war.



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