Trade in Philippines shielded by distance from Ukraine and Russia, but not from global disruptions

An attendant fills up a motorcycle with gasoline at a petrol station in Manila, on March 15, 2022. PHOTO: AFP
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MANILA - The Philippines is being buffeted by the same disruptive forces emerging everywhere else in the world as a result of the war in Ukraine.

But in terms of direct trade, the country is shielded by distance and few economic links with either Ukraine or Russia. If at all, the war may lead to a smaller amount of cereal being imported from these two countries.

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