BANGKOK, November 22. /TASS/. Cooperation between Russia and Singapore is developing despite sanctions, Russia’s Trade Representative in the country Mikhail Bondarenko said.

"Despite certain obstacles, cooperation between Singapore and Russia continues," he told a forum. "This is supported by the work with representative offices of trade and financial entities of countries friendly to Russia, as well as subsidiaries of largest corporations located in Singapore that operate across the world, among other things. <…> For example, Singapore is ready to cooperate with Russian enterprises providing cutting-edge technologies in the area of water cleaning, waste disposal, power saving," the trade envoy said.

Russia’s trade mission in Singapore "continues facilitating the development of trade cooperation through innovative ways" amid Western sanctions, Bondarenko noted, adding that the country "still demonstrates resilience amid global macroeconomic changes, keeping stably high innovative potential amid a serious growth of inflation and deteriorating economic prospects."