Marcos and Putin Agree to Boost PH-Russia Trade Deal in Kazan

In a recent ANC 24/7 report, President Ferdinand Marcos Jr. and Russian President Vladimir Putin agreed to significantly expand trade and economic cooperation between the Philippines and Russia, openi

Jun 19, 2026 - 02:21
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In a recent ANC 24/7 report, President Ferdinand Marcos Jr. and Russian President Vladimir Putin agreed to significantly expand trade and economic cooperation between the Philippines and Russia, opening new doors for Filipino farmers, workers, and energy consumers. The bilateral meeting took place on the sidelines of the ASEAN-Russia Commemorative Summit held from June 17 to 19 in the Russian city of Kazan, a gathering that marked 35 years of ASEAN-Russia dialogue relations and coincided with 50 years of Philippines-Russia diplomatic ties.


Marcos and Putin Open New Trade Doors in Kazan

Manila, Philippines — President Ferdinand Marcos Jr. held a bilateral meeting with Russian President Vladimir Putin in Kazan, Russia this week, where the two leaders committed to pushing Philippine-Russia trade beyond the current $1.5 billion level. The discussion, covered extensively by ANC 24/7, took place as Marcos attended the ASEAN-Russia Commemorative Summit in his capacity as ASEAN chair, co-chairing the gathering alongside Putin.

President Marcos shaking hands with President Putin during bilateral talks in Kazan

First Presidential Visit Strengthens Ties

This marks President Marcos' first trip to Russia since taking office, underscoring the administration's push to diversify the Philippines' international partnerships. Foreign Secretary Maria Theresa Lazaro and several trade officials joined the Philippine delegation in Kazan. The leaders reviewed progress from the fourth meeting of the Joint Russia-Philippine Commission on Trade and Economic Cooperation held in Moscow last September, where officials from both countries exchanged views on structural issues affecting bilateral trade and investment.

In his opening remarks, Marcos thanked Putin and the Russian people for their hospitality extended to the Philippine delegation and other Southeast Asian leaders attending the summit. He acknowledged the efforts of both countries' diplomatic missions in commemorating the milestone anniversary, citing initiatives such as a photo exhibition held in Moscow that showcased the history of bilateral ties spanning five decades.

Concrete Agreements for Agriculture and Energy

The two sides signed the Kazan Declaration 2026, formally titled "ASEAN-Russian Federation: Unity in Diversity — 35 Years Together." They also adopted the ASEAN-Russia Comprehensive Plan of Action for 2026-2030, a detailed roadmap for practical cooperation across multiple sectors. Separate joint statements on cultural cooperation and energy cooperation were also finalized. These documents focus on maritime cooperation, combating transnational crimes, and sustainable development that directly affect supply chains reaching Filipino households.

Putin highlighted the longstanding tradition of mutual respect between the Philippines and Russia and pointed to opportunities for deeper collaboration in trade, agriculture, and energy. "Apparently, we are approaching the present threshold with an immense capital of mutual beneficial cooperation underpinned by good traditions of mutual respect and respect for legitimate interest of each other. Last year, bilateral trade exceeded $1.5 billion. Of course, this is far from the limit," Putin said during the bilateral meeting.

Filipino farmers in Nueva Ecija who could benefit from expanded PH-Russia trade

How Expanded Trade Reaches Filipino Families

President Putin emphasized the potential to enhance supplies of Russian agricultural products and energy resources to the Philippines. For rice and poultry farmers in Nueva Ecija and Bukidnon, new export channels could open for Philippine agricultural products entering the Russian market. For jeepney drivers and tricycle operators in Quezon City and Cebu, stable fuel prices from diversified energy sources matter every time they fill their tanks at the gas station.

Memorandums of understanding were signed covering innovation, retail products, cosmetics, food processing, and industrial collaboration. These sectors employ thousands of workers in export processing zones in Cavite and Laguna. OFWs in Russia and neighboring countries may also see new job placements in food processing and retail once the agreements take effect, providing additional remittance channels that support families back home in the provinces.

Marcos described current trade relations as stable but emphasized that there remains significant room for growth. "There are many potential areas that I think we should still open to explore and I think that the present level of trade, although it is steady, I think that this is — there is a great deal more that we can do," the President said.

Invitation to Manila Signals Long-Term Partnership

President Marcos extended an invitation to President Putin to attend the 21st East Asia Summit scheduled in Manila this November. The invitation reflects the Philippine government's push to position the capital as a hub for regional diplomacy at a time when global power dynamics are shifting. Local vendors near the summit venue in Pasay City, sari-sari store owners in surrounding barangays, and hotel workers in the Metro Manila area stand to benefit from the influx of international delegates and media coverage.

Marcos also welcomed Russia's continued engagement with Southeast Asia and its support for ASEAN centrality. The two leaders discussed developments in the wider Eurasian region and explored opportunities for greater engagement between ASEAN and the Shanghai Cooperation Organization and the Eurasian Economic Union — moves that could create new trade corridors benefiting Filipino exporters of mangoes, bananas, and coconut products.

Shared Goals on Multipolar Order and Food Security

Both sides expressed shared views on building a just and democratic multipolar world order founded on widely recognized principles of international law and the UN Charter. The Kazan Declaration specifically highlighted the commitment of all participating states to this vision. For ordinary Filipinos, this translates to more stable food imports during typhoon seasons and potential new markets for Philippine agricultural exports that could help stabilize prices at public markets in Davao, Baguio, and Iloilo.

The ASEAN-Russia Comprehensive Plan of Action contains specific measures to strengthen ties in politics and security, trade and investment, culture, and the humanitarian sphere. Putin noted that during the summit, "many constructive ideas and useful practical notions were voiced as to how to galvanize partnership in the economic sphere." Participants advocated for a qualitative and quantitative improvement of mutual trade, fine-tuning its structure, and expanding mutual investments.

Community Impact and Next Steps

The agreements signed in Kazan will require follow-through from Philippine agencies including the Department of Trade and Industry, the Department of Agriculture, and the Department of Energy. Barangay-level cooperatives in the provinces will need clear information on how to access new trade channels opened by these agreements. The Commission on Filipinos Overseas may also play a role in connecting Filipino communities in Russia with economic opportunities arising from the strengthened partnership.

The 21st East Asia Summit in Manila this November will be the next major diplomatic milestone, where the concrete outcomes of the Kazan agreements will face their first test of implementation. For the Filipino people, the hope is that these high-level commitments translate into lower rice prices at the palengke, more jobs in the countryside, and a stronger safety net for families weathering global economic uncertainty. The spirit of bayanihan remains essential as communities prepare to turn these diplomatic gains into tangible improvements in daily life across the archipelago.

By Bella Reyes, Staff Writer

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