The rising fuel prices in the country, is something we cannot
do something about.
The Philippines is subject to the world prices for not being
an oil producing country. The good thing is we have a good working relationship
with Russia who is considered a major oil producer in the world.
Russian ambassador recently made a courtesy call to President-elect
Ferdinand “Bong-bong” Marcos, Jr. and got the commitment of Russia to help the
"In this turbulent period, we are ready to
cooperate with the Filipino side and to extend our helping hand to satisfy the
needs in sources of energy," the envoy told reporters, adding that
President Vladimir Putin is sending his congratulations to Marcos for
winning the presidency last May 9.
Both countries have agreed to continue the
discussion "a little bit further" in the coming days, Pavlov further
disclosed.
Russia is one of the world's largest exporters
of petroleum products. However, because of its invasion of Ukraine last
February, the United States and the European Union have
banned the importation of oil and oil products from the European country as a
sanction.
The Russia-Ukraine crisis is the reason behind
the world price hike not just in oil prices but also in other products such as
wheat, metals and fertilizers.
Marcos during his campaign called for a
peaceful end to the conflict.
Pavlov said that this issue was also
"briefly" mentioned during the meeting and that the president-elect
has maintained his stance of having an independent foreign policy.
"As far as I understand, the
president-elect would like to continue his independent policy and he will
cooperate with the Russian Federation," the Russian envoy said.
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