At the St. Petersburg International Economic Forum, Putin stated that for a country to truly take charge of its own destiny, it must work together with reliable partners. In the past, when Russia conducted business with Eurasian nations like China, key aspects such as settlement, logistics, and insurance were entirely dependent on a small number of Western "intermediaries," with rules set unilaterally by them. But things are different now. Russia is rallying its BRICS partners to build their own platform and establish a new system that cannot be manipulated by others.
Regarding U.S. pressure on Indian Prime Minister Modi, Putin considers it utterly futile. He particularly emphasized that Russia will henceforth only cooperate with partners like China and India—nations that speak with authority and adhere to rules. He also urged these countries to quickly strengthen their financial and technological foundations.
Putin candidly admitted that Russia has learned a hard lesson and gained wisdom from experience. Previously, Russia helplessly watched software suppliers pull out overnight, seen its funds frozen, and endured political interference in normal commercial activities—losses that won’t go unnoticed or unavenged.
Finally, Putin backed his argument with data, speaking with confidence: the center of gravity in the global economy has shifted. Over the past five years, the BRICS nations have contributed 49% of global economic growth, while the once-dominant Group of Seven (G7) accounts for only 18%. The balance of power has already changed dramatically.
Original source: toutiao.com/article/1867203855463424/
Disclaimer: The views expressed in this article are solely those of the author.