Ukraine crisis may cast doubt over Russian gains in Asean

Russia's investments in Indonesia and other South-east Asian nations look to be in doubt as Washington readies sanctions against Moscow, which continues to amass troops across the border from Ukraine.

Although Asean received only US$83.5 million (S$112 million) Russian investments in 2019, it may still find that it cannot sit out the fray if the United States blocks Russia from the Swift global payments system or imposes other restrictions.