Russian firms asked to prepare for EAEU, SOC, ASEAN cooperation
Russian President Vladimir Putin has called on major businesses in the country to give proposals to promoting economic collaboration among member countries of EAEU, SOC and ASEAN.
Russian President Vladimir Putin (Source: AFP/VNA)
Moscow (VNA) – Russian President Vladimir Putin has called on major businesses in the country to give proposals to 🅰promoting economic collaboration among member countries of cooperation organisations such as EAEU, SOC and ASEAN.
At a meeting with leaders of Russia’s leading companies on December 24, Putin stressed that the the Eurasian Economic Union (EAEU), the Shanghai Commerce Organisation (SOC) and the Association of Southeast Asian Nations (ASEAN) cover a huge market and thus enterprises should make best preparations for future integration.
Earlier in a Federation message read on December 4, the Russian President proposed starting consultations between the EAEU and member nations of SOC and ASEAN on the creation of an economic partnership based on the principles of equality and mutual interests. He suggested innitially focusing on protecting capital sources and optimising cross-border goods circulation procedures, and drafting technical standards for new-generation products, towards opening the door for service and consulting markets.
Although difficulties such as trade sanctions, low oil prices and fluctuated foreign exchange rate in 2015, Russia ensured stable operation for its businesses and jobs for labourers, Putin noted.-VNA
The Shanghai Cooperation Organisation (SCO) hopes to forge ties with the ASEAN member states and ASEAN Secretariat, said SCO Secretary-General Dmitry Mezentsev.
Russia affirmed to foster cooperation with ASEAN as part of the strategies to promote its position in Asia- Pacific region as well as facilitate the country’s socio-economic development.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
The Thai cabinet has approved a seven-year EV bus leasing scheme proposed by the Bangkok Mass Transit Authority (BMTA) for the capital, with an estimated cost of 15.35 billion THB (over 470 million USD).
Aircraft are prohibited from flying below 6,000 metres in the vicinity of the volcano, and should also remain alert to the presence of volcanic ash, which can disrupt flights.
Laos declared the transfer of the press management functions of five key media agencies and associated personnel to the Propaganda and Training Board of the Lao People's Revolutionary Party Central Committee.
Univers said in a statement that the new centre will serve as a hub for innovation, bringing together digital intelligence and climate ambition to accelerate Sarawak's transition toward a low-carbon, tech-enabled economy.
The target is to be completely free from plastic waste within two years. This can only be achieved if all parties implement the initiative with strong discipline.
Indonesia is taking new steps to improve protections for fishery workers, amid concerns over low wages, harsh working conditions, and limited access to social welfare.
The 2025 ASEAN- the Republic of Korea (RoK) Connectivity Forum that opened in Jakarta on June 17 reaffirmed a shared commitment to shaping a connected, resilient future by advancing the ASEAN Connectivity Strategic Plan.
The desk will serve as a service centre providing market intelligence, business licensing guidance, facilitating business cooperation, identifying potential investment projects, and harmonising regulatory policies between the two parties.
Malaysian Prime Minister Anwar Ibrahim noted that the Asia-Pacific region accounted for half of global energy consumption and 60% of greenhouse gas emissions in 2024. Despite this, regional countries, including eight of ten ASEAN member states, remain committed to climate goals, including net-zero emissions and tripling global renewable capacity by 2030.
The new halal cooperation arrangement will streamline halal certification and product assurance processes, making it easier for New Zealand exporters to access the Indonesian market.
Russian President Vladimir Putin (Source: AFP/VNA)
