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Friday, September 22, 2023

West destroying global economic system – Putin

Many nations, however, want to work for all of mankind, not for the wealthy few, the Russian president has said

Western countries are destroying the existing framework of global economic relations that they helped to build in the first place, Russian President Vladimir Putin said on Tuesday, adding that many countries are opposed to this.

Speaking at the plenary session of the Eastern Economic Forum in Vladivostok, Putin stated that the landscape of the international economy is changing in part because “some countries, primarily Western nations, are destroying the system of financial, trade, and economic relations with their own hands.”

However, this destructive activity coincided with the expansion of “real business cooperation,” involving many nations around the world that resist any external pressure and pursue their own national interests, Putin said.


“They prioritize not temporary political events, but the promotion of their own projects… that bring direct and long-term benefits to their populations,” Putin said, adding that this leads to the emergence of a new international model “shaped not by Western standards [and] catering to the selected ‘golden billion,’ but all of humanity… and the developing multipolar world.”


September 12, 2023 at 12:30PM


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