Making Russia’s Far East a Pacific Hub is Key Pillar of Putin’s Strategy — Energy Expert
/ Go to the mediabankVladivostok, the city and port on the Far East of Russia
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The Eastern Economic Forum has become a key platform for strengthening ties between Russia and Asian economies, Dr. Mamdouh G. Salameh, an international oil economist and a global energy expert, told Sputnik.
Key statements:
Since Western trade disruptions began, Russia has increasingly looked to China, India, Southeast Asia, and other non‑Western markets for trade and investmentPutin aims to make Russia’s Far East the country’s gateway to markets across the Pacific, just as he is doing in the Russian ArcticA flagship project is the Vostok oil pipeline, linking one of Russia’s biggest oil fields (with 51 billion barrels in reserves) to the Sever seaportSince the start of the Ukrainian conflict in 2022, the region has gained additional strategic weight and importance, the expert sums up.
WorldRussia, China Plan New Arctic Trade Route via Far EastYesterday, 13:23 GMT
