Valdai Club

The conference, which focused on Russia’s relations with the ASEAN countries, was widely praised by participants as an open and honest dialogue.

The end of the Cold War did not bring the much-awaited peace in the world. Conflicts are erupting all over the world, and Asia is no exception. The region sees rising tensions and aggravating territorial spats. The second session of the Valdai Conference in Jakarta was organized to analyze the core of conflicts and existing security risks in the Asian region and potential solutions.

Russia's ties with the West sour and the demand for its resources in Europe plummeted due to political sanctions. The country made its notorious pivot to the East and showed an increasing willingness to cooperate with its Asian counterparts. The devaluation of ruble and the need to find new partners and consumers are encouraging Russia to steer the course.

Over the last two decades, Asia experienced a dramatic economic rise. Its economy was transformed into a key engine of the world economy, fueled by the private sector. But this mechanism is far from perfect.

On November 27, Jakarta hosted a Regional Conference of the Valdai Discussion Club in partnership with The Habibie Center, entitled “What are Asia’s Goals in the Asian Century?”