<![CDATA[The war between Russia and Ukraine has very serious implications for global markets. Russia is the world's third largest producer and exporter of oil, the second largest exporter of natural gas, and the third largest exporter of coal. Moreover, Ukraine is just as important in meeting global markets as the largest sunflower oil exporter, the fourth largest exporter of maize and the fifth largest exporter of wheat. These two countries are very important suppliers for deficit countries such as Southeast Asia where more than 37 percent of oil and gas imports to Southeast Asia. In absolute terms the war that occurred resulted in an increase in world oil prices which affected Southeast Asia. This study aims to explain and analyze the influence of the war between Russia and Ukraine on the economies of countries in the Southeast Asian region. This study uses a qualitative method with descriptive analytic research type so that researchers not only explain the influence of the war between Russia and Ukraine on the Southeast Asian economy, but also analyze the economic relations between Southeast Asian countries and Russia. The results in this study are that in 2017, Russia was ranked eighth among ASEAN's main trading partners, with total bilateral trade only 0.66% of ASEAN's total trade turnover. The war that occurred between Russia and Ukraine certainly had an impact on the economic sector and of course the conflict led to the restructuring of international trade and countries that have relations with Russia and Ukraine will have a major influence on the national interests of their countries. Southeast Asia is feeling the direct effects of the war such as disruption of global supply chains and rising energy and food prices. In addition, fuel prices have increased in some countries. This makes the impact of the war between Russia and Ukraine have a great influence from various sectors, causing a restructuring of the global economy.]]>
Copyrights © 2022
