Philippine President Marcos.

(Bloomberg)

[Financial Channel/Comprehensive Report] Philippine President Ferdinand Marcos Jr. pointed out that the Philippines is discussing the purchase of fuel and other commodities with Russia. Although it is politically tricky, national interests are the first to be considered.

Marcos said the Philippines cannot be content with relying on traditional suppliers and is in talks with other countries to diversify its supply chains for food and agricultural necessities such as fertilizers to drive down prices, Bloomberg reported.

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Marcos pointed out that the Philippines is discussing the purchase of fuel and other commodities with Russia, even if it is a little politically troublesome, but the national interest is above it, he stressed that it needs to find new sources of fuel, not only fuel, but also feed, fertilizer, etc. other important imports.

Marcus emphasized that people cannot be allowed to reach the point where they can't afford food at all, and they can't pay utility bills and other basic livelihood expenses.

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