Russian President Vladimir Putin has threatened the West with the dire consequences of their deteriorating world. According to the Russian president, some countries are constantly seeking to replace the existing world order, based on the central role of the United Nations, with a new one based on their own rules in order to maintain their hegemony.
At the BRICS meeting on June 24, Russian President Vladimir Putin spoke of his view that some countries are constantly seeking to replace the current world order, based on the central role of the United Nations, with a new one based on their own rules, in order to maintain their hegemony iz.ru
According to the Russian president, this is what it looks like Impeding the development of countries that do not want to identify with the new system, the reckless use of illegal sanctions, compounded by the consequences of the coronavirus epidemic, only exacerbated the current crisis in the global economy.
The importance of economic and other relations with partners who share our values has grown exponentially in the current context of international imbalances Russian President said
According to Putin, WTO standards are becoming less important in international trade, The entire international financial system is currently shaky, and the usual production and logistics networks are no longer working.
This has serious social and economic repercussions, especially for the development of countries in Asia, Africa, Latin America and the Middle East, causing the prices of food, energy and raw materials to rise rapidly.