VLADIVOSTOK, Russia (Archyde.com) – Russian President Vladimir Putin said at the Eastern Economic Forum in Vladivostok on Thursday that Western attempts to isolate Russia with sanctions are wrecking the global economy. claimed to be unsuccessful. He said that structural changes are occurring in the world where the role of the Asia-Pacific region is increasing, and he praised the future potential of Asia and showed a stance of leaning toward Asia.
Putin said the West is undermining the global economy by trying to impose its dominance over the world. He said the sanctions were tantamount to declaring economic war, a major threat to the global economy that has superseded the coronavirus pandemic.
“The West is bucking the tide of history and undermining key pillars of the global economic system built over centuries,” he said, adding that confidence in the dollar, euro and pound sterling had waned.
Li Zhanshu, chairman of the Standing Committee of the National People’s Congress (NPC), who is equivalent to the chairman of the National Assembly, is present at the forum.
Mr Putin said China would pay for Russian gas in equal splits between the renminbi and the ruble.
He said the Russian economy was coping with Western financial and technological aggression, but admitted that it faced certain difficulties in some industries and sectors.
Putin said Russia had lost nothing over the war in Ukraine and was on track to regain its international influence, which had fallen since the collapse of the Soviet Union.
Asked by the facilitator if he had lost anything in the war in Ukraine, Mr Putin replied: “We have not lost anything and will not lose anything,” adding: “Everything unnecessary and harmful, anything that hinders our progress. I will be knocked out,” he said.