Ukraine invasion: Singapore’s condemnation aside, rest of Asean’s ambivalence is ‘shocking’

Feb 25, 2022 | INVESTING

In Southeast Asia, where the Russian Foreign Minister Sergei Lavrov once lamented economic ties ran only “skin deep”, the immediate diplomatic response to Moscow’s Ukraine war has been one of deep ambivalence.Diplomatic observers say despite Russia’s shallow trade and investment exposure in the region, governments are exercising caution in condemning the aggression as they mull the long-term costs of their response.Also in focus are surging energy prices and the implications of alienating…

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