Marcos open to buying Russian fuel, proposes new Myanmar approach

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Marcos open to buying Russian fuel, proposes new Myanmar approach
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“We take we take a very balanced view because the truth of the matter is, we may have to deal with Russia for fuel, for fertilizer,” said Marcos.

Marcos seeks role as peace-promoter amid regional tensionPhilippine President Ferdinand Marcos Jr on Wednesday said his nation may need to turn to Russia to fulfill its fuel needs amid rising global energy prices, bucking pressure from Western allies for countries to shun Moscow.

The Philippines like many countries is grappling with soaring inflation, due to supply woes fanned by Russia’s invasion of Ukraine. The Philippines, a U.S. defense ally, has not imposed any sanctions on Russia. Myanmar’s ruling junta has been barred from regional summits over its failure to implement a five-point peace plan it agreed with ASEAN in April last year, after violent turmoil erupted in the country following a military coup.

“It’s time to put together, to put forward some concrete proposals on what we can do to at the very least to bring at least representatives of the military government to the table so we can begin to talk about these things,” Marcos said.

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