2 years ago
Russian President Vladimir Putin says Russia is actively cooperating with large planetary organizations, including the BRICS group, the Shanghai Cooperation Organization (SCO), the Association of Southeast Asian Nations (ASEAN), the Gulf Cooperation Council (GCC), and multilateral organizations successful Latin America and Africa. Putin besides rejected predictions astir the “total collapse” of the Russian economy.
Russia ‘Actively’ Cooperating With BRICS, SCO, ASEAN
Russian President Vladimir Putin spoke astatine the plenary league of the Eurasian Economic Forum connected Wednesday. Among the topics helium discussed were the authorities of Russia’s economy, the effects of Western sanctions, and practice with large planetary organizations, including the BRICS bloc and the Shanghai Cooperation Organization (SCO). The BRICS radical comprises Brazil, Russia, India, China, and South Africa.
“I see the taxable of the forum ‘Eurasian integration successful a multipolar world,'” Putin described the yearly forum of the Eurasian Economic Union (EAEU). The Russian president said:
We spot that truly profound, cardinal changes are taking spot successful the planetary arena. More and much states are taking a people towards strengthening nationalist sovereignty, pursuing autarkic home and overseas policies, and adhering to their ain improvement model.
Noting that these countries enactment the instauration of a new, much conscionable planetary economical order, Putin elaborate that they are committed to constructively influencing planetary affairs and expanding the web of partnerships that are based connected “mutual benefit, respect and information of each other’s interests.”
He added that countries that bash not deliberation and enactment this mode are lone exacerbating the downward inclination of their ain development, stating that they are shooting themselves successful the foot. Emphasizing the value of solidarity among countries globally, Putin said:
We actively cooperate with large planetary associations specified arsenic BRICS, the Shanghai Cooperation Organization [SCO], the Association of Southeast Asian Nations [ASEAN], the Gulf Cooperation Council [GCC], and multilateral organizations successful Latin America and Africa.
Putin Insists Russian Economy Will Not Collapse
Putin besides discussed predictions regarding the imaginable illness of the Russian economy. The Wall Street Journal, for example, published an nonfiction successful March claiming that “Russia’s system is starting to come undone.”
The Russian person opined: “The numbers talk for themselves: contempt the large-scale situation successful the planetary system and trade, sizeable geopolitical risks and uncertainties, the full GDP of the Eurasian Union states for 2022 decreased, but decreased by 1.6 percent.” He added that immoderate experts “predicted a wholly antithetic scenario, a illness scenario.” Putin stressed:
Nothing similar this is happening and has not happened and intelligibly volition not hap again.
“Let maine punctual you that some our experts and planetary experts for Russia already amusement GDP growth. At first, they talked astir 0.7 percent. Let maine punctual you that successful the starring economies of the European Union experts amusement a minus for the existent year. At first, we were talking astir positive 0.7%, present they accidental positive 1.5%, and possibly up to 2 percent. And that says a lot,” helium detailed.
The International Monetary Fund (IMF) raised Russia’s GDP forecast successful April to maturation of 0.7% from 0.3% but lowered its 2024 forecast to 1.3% from 2.1%. The IMF expects labour shortages and the exodus of Western companies to harm Russia’s economy.
What bash you deliberation astir Russian President Vladimir Putin’s statements? Let america cognize successful the comments conception below.
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