Efficient mechanisms of practical cooperation are functioning between #Russia and the Philippines, #Russian President Vladimir #Putin said at the bilateral meeting with Philippine President Ferdinand Marcos Jr. on the sidelines of the Russia-ASEAN summit in Kazan. The trade turnover between Russia and the Philippines surpassed $500 mln last year and is not the limit, Putin said. The Kremlin called the Philippines a crucial partner in the Asia-Pacific region and a respected ASEAN member.