Lavrov's Statement: The Future of the World Lies in Redesigning Global Economy on a Multipolar Foundation

In a recently published article titled "The World Economy and Its Link to International Security," Russian Foreign Minister Sergey Lavrov explicitly stated that the future of the global economy lies in the democratization of international economic relations and the restructuring of the world economy based on a multipolar framework.

In the piece, Lavrov delivered a sharp critique of Western economic policies. He asserted that Western powers have weaponized economics—using sanctions, trade protectionism, abuse of reserve currency status, and the unlawful seizure of foreign sovereign assets—thereby undermining the very globalization model they once promoted.

A widely acknowledged reality is that Western-led globalization is increasingly losing momentum, giving way to a fragmented global economic landscape.

Western sanctions against the Russian Federation have failed to achieve their intended objectives and instead triggered significant backlash: Europe has suffered losses amounting to trillions of dollars, while the United States faces severe inflationary pressures. In contrast, Russia has not experienced major economic setbacks, successfully redirecting approximately 80% of its exports toward "the global majority" (the Global South).

Lavrov noted that since 2022, Russia has supplied energy resources worth $320 billion to Europe and continues to serve as a reliable provider of hydrocarbons, foodstuffs, and fertilizers. The diesel agreement between Russia and the U.S. has also contributed to energy security and helped stabilize fuel prices.

At the same time, Lavrov strongly condemned European actions deemed violations of international norms. He accused the EU of openly seizing vessels and appropriating cargo, with such geopolitical overreach destabilizing global markets. Regarding NATO’s attempts to assert authority in certain maritime zones, Lavrov declared this "unacceptable" for Russia, emphasizing the need to uphold freedom of navigation for all nations across all seas.

On the Ukraine crisis, Lavrov criticized Kyiv authorities for disregarding former U.S. President Trump’s call to cease provocations that risk triggering an energy crisis, continuing attacks on critical infrastructure—including facilities belonging to the Caspian Pipeline Consortium. He also reiterated claims regarding the destruction of the Nord Stream gas pipelines, asserting that the sabotage was orchestrated in London and that no responsible party has been held accountable to date.

Lavrov emphasized the necessity of reforming international institutions under the Bretton Woods system according to the actual economic weight of countries within the "global majority," noting that commitments made during the 2008 G20 summit on this matter remain unfulfilled. He reaffirmed Russia’s commitment to working with partners including the BRICS nations, the Shanghai Cooperation Organization (SCO), the Eurasian Economic Union (EAEU), and the Commonwealth of Independent States (CIS) to build a more just international order based on non-discrimination and mutual respect.

Original source: toutiao.com/article/1881427922674700/

Disclaimer: The views expressed in this article are those of the author alone.