As the talks toward a truce between Russia and Ukraine are gaining momentum, major Korean companies are accelerating their feasibility studies on resuming business in Russia. The move comes as Russia is seen as a critical market for diversifying business interests, especially amid growing tariff pressures from the United States.
So they are taking a page out of China’s playbook? If that is really the case that’s a very positive development for Russia. It would be good to see them finally come to their senses on economic policies.