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With the rise of India and China, the rest of Asia is feeling the great impact of socio-economic changes and challenges created by these twin engines of progress and cooperation. The question on the minds of regional analysts is: Where is Russia in the midst of these vast changes? What is its role? How and why is a great power like Russia adopting such a low profile in the region? In what ways can ASEAN engage Russia?Currently, Russia's interaction with ASEAN is limited to dialogue between both parties; trade between both sides is categorized by Russian arms sales and ASEAN raw materials. This book sets out to help explain these anomalies and puzzles, by examining the state of relations between Russia and selected individual ASEAN countries. Several interesting ideas are offered, such as a proposal for a Russia-ASEAN FTA; building tourism/business bridges through budget airlines; and proposals to strengthen and energize the ASEAN-Russia dialogue

The book analyses modern tendencies in the development of regional economic cooperation in East Asia which is considered by regional countries as their response to growing challenges of globalization. Trying to protect their national interests by collective efforts they are promoting regional commercial, investment, and financial cooperation as measures aimed at improving the efficiency of their economies. These steps however are not regarded as a counterweight to globalization but merely directed against most negative manifestations of the latter and in fact are realized as one of the forms of globalization at the regional level

Russia-ASEAN relations : new directions -- Contents -- Foreword by Ambassador K. Kesavapany -- Foreword by Professor Gennady Chufrin -- The Contributors -- The Editors -- Part I: Overview of ASEAN-Russia Relations -- 1. Russia, ASEAN and East Asia -- 2. Non-Economic Approach in Russia–ASEAN Relations: Changes in Asia, Changes in Russia -- 3. Current State of Russia–ASEAN Trade and Economic Relations -- Part II: East Asian Community -- 4. Prospects of East Asian Community and the Role of China -- 5. ASEAN AND CHINA East Asia Community Building and Prospects for the Future -- 6. China's Peace Offensive in Southeast Asia and Russia's Regional Imperatives -- 7. Expanding Singapore's Economic Space: Building Highways, Forging Links -- 8. ASEAN's Leading Role in East Asian Multilateral Dialogue on Security Matters: Rhetoric versus Reality -- 9. Towards the East Asian Community -- Part III: Energy -- 10. Energy Inter-dependence in East Asia: Russia's Contribution to Energy/Gas Cooperation in East Asia -- 11. Energy Security in East Asia: Challenges and Responses -- Index.