Philippines close to signing trade deals with Russia

MOSCOW, 24 Sep — PRIME. The Philippines is in talks with Russia to buy fuel and other commodities, President Ferdinand Marcos Jr. said.

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He said the Philippines cannot safely rely on traditional suppliers and that his country is in talks with Russia to diversify the supply chain for food and agricultural essentials such as fertilizer.

“We need to find new sources of fuel. But this is not only about fuel, it is about things like feed, fertilizers and other resources that are simply critical to us,” the president said in an interview with Bloomberg TV.

He added that “the Philippines is close to reaching an agreement with Russia.”

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Marcos also touched upon the issue of sanctions imposed against Russia by the United States and other Western countries, noting that he is guided primarily by national interests.


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