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Russia and China Almost Completely Dedollarize Their Trade Amid Western Pressure /
npub1lyd…cle4
2024-06-22 13:05:18

Russia and China Almost Completely Dedollarize Their Trade Amid Western Pressure on Nostr: Russia's Putin in Hanoi: What does Vietnam hope to gain? =============== #1000d551 ...

Russia's Putin in Hanoi: What does Vietnam hope to gain?
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#1000d551 ver:0.8

Russian President Vladimir Putin visits Vietnam to strengthen economic ties and show that Western sanctions are ineffective. Vietnam seeks to balance relationships with major powers like Russia, the US, and China. Despite efforts to improve ties with the West, Vietnam values its relationship with Russia, relying on Russian military equipment and partnerships with Russian oil companies. Putin's visit is seen as symbolic and a way to demonstrate that sanctions against Russia are not working. Vietnam follows a foreign policy of being friends with everyone but avoiding formal alliances. Putin expresses desire for a "reliable security architecture" in the Asia-Pacific region. The visit draws criticism from the EU and the US, but the importance of US-Vietnam relations in countering China's influence mitigates long-term consequences. Russia and Vietnam sign agreements on energy and other issues, highlighting Moscow's pivot to Asia. Vietnam seeks modern weapons from Russia and wants assurances that Moscow will not compromise its interests for China's support. The West may use economic ties to steer Vietnam away from Russia. #Russia #Vietnam #sanctions #foreignpolicy #AsiaPacific...

#newstr #Russia #Vietnam #VladimirPutin #BilateralCooperation #Weapons #UsSanctions #China #SouthChinaSea #Trade #EconomicTies

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