SPUTNIK
More countries are pursuing independent development, Russian President Vladimir Putin told the plenary session of the Second Eurasian Economic Forum on Wednesday.
Russian President Vladimir Putin participated in the Eurasian Economic Forum on May 24 together with his Belarusian counterpart Alexander Lukashenko, President of Kazakhstan Kassym-Jomart Tokayev, President of Kyrgyzstan Sadyr Japarov, and Vice Prime Minister of Armenia Mher Grigoryan.
He used the space to outline his viewpoint of global changes.
"We see really deep, fundamental changes taking place on the global stage. More and more states are taking a course towards strengthening national sovereignty, pursuing an independent domestic and foreign policy, and adhering to their own development model," Putin told the participants of the forum.
In March, the Kremlin released an updated foreign policy doctrine. The document revises Russia's international role and sets a priority of facilitating the establishment of a multipolar and equitable system of international relations aimed at ensuring security and equal opportunities for all states.
The new doctrine sets a goal of eliminating the vestiges of domination by the US and other unfriendly states in global affairs and creating conditions to enable any state to renounce neo-colonial or hegemonic ambitions. The document singled out the US as the main instigator of anti-Russian policies in the world and drew attention to Washington's attempts to weaken Moscow.
De-Dollarization Helps Depoliticize World Economy
The Russian president underscored that dramatic changes have also been taking place in the international financial sphere with Russia proving capable of not only adapting to them, but also becoming a leader in this process.
In particular, Putin stressed that Russia is working on reducing the share of currencies of unfriendly countries in mutual settlements and intends to work even more actively with partners around the world to reach a full transition to the use of national currencies.
"We are committed to reducing the share of currencies of unfriendly countries in mutual settlements and intend to work even more actively with partners around the world and the Eurasian Economic Union to reach a full transition to national currencies, to the use of national currencies in mutual settlements," he said.
Previously, the Russian president castigated Washington for de facto weaponizing the dollar in order to coerce other nations into submission. Addressing the forum on Wednesday, Putin expressed confidence that the decentralization of the global financial system will lead to "depoliticization of work in the economic sphere."
This decentralization will make the world less dependent on crises engulfing the countries issuing world reserve currencies and will ensure security of financial settlements and the entire world economy, facilitating its depoliticization, according to the president.
Eurasian Economic Union
The Eurasian Economic Union (EEU) is making progress regardless of the difficult international conditions. Mutual trade within the union trade is steadily growing: in 2022 it increased by more than 10%.
The Russian President noted that the EEU will make decisions on further integration and energy cooperation during a summit on Thursday.
"Tomorrow, together with the leaders of the five states present here, we will hold a regular meeting of the Supreme Eurasian Economic Council, make decisions on further deepening integration, focus on ensuring energy and food security, technological and financial independence, accelerating digital transformation, eliminating regulatory and trade barriers, developing transport infrastructure," Putin stated.
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