With Thailand chairing the Asia-Pacific Economic Cooperation trade bloc this year, the Thai Armed Forces have warned Russia is likely to impose sanctions if the war on Ukraine continues.
“If the Russia-Ukraine conflict continues, economic sanctions on APEC will emerge.”
The trade block is made up of the US, Russia, China, Japan, Australia, Canada, South Korea, Hong Kong, New Zealand, Brunei, Indonesia, Malaysia, Singapore, Philippines, Thailand, Taiwan, Chile, Mexico, Papua New Guinea, Peru, and Vietnam. The Royal Thai Armed Forces Security Centre says Russia has already blacklisted 8 members – the US, Canada, Australia, Japan, South Korea, Singapore, Taiwan, and New Zealand. According to a Nation Thailand report, the centre points out that Thailand, which hosts APEC forums this year, will come under increased pressure if the US and its allies boycott the forums.
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