Russia Pivots To Asia

The Russia-China Energy Agreement Is the world’s largest commercial deal ever.

Takeaways

Russia has more on its agenda than China. Next on the list for Russia is a big energy deal with Japan.
In a new case of “gas diplomacy,” Russia hopes to supply both North and South Korea.
The plan to build a modern rail line from South though North Korea into Russia would potentially be a blockbuster.
Russia is working on building a high-speed rail connection from South Korea to the markets of Europe.
A Russian natural gas line and railway would transform the North Korean economy and Korea’s frozen geopolitics.
If its vision comes to pass, Russia would become anchored in Asia as it never has been in the past.
All major economies of East Asia may become linked to Russia in a way few imagined possible.
Russia will become enmeshed in East Asia in ways which will pose new challenges for Russia itself.