The USA and its allies imposed probably the most extreme sanctions in fashionable historical past on Russia for what Putin casts as a particular army operation in Ukraine, a response the Kremlin says is akin to a declaration of battle.
Putin, chatting with the Japanese Financial Discussion board within the Russian Far Japanese metropolis of Vladivostok, stated the sanctions had changed the Covid pandemic as the principle risk to the worldwide economic system.
“I’m talking of the West’s sanctions fever, with its brazen, aggressive try and impose fashions of habits on different nations, to deprive them of their sovereignty and subordinate them to their will,” Putin stated.
Putin stated the West was making an attempt to impose its will on the world however that their energy was in decline because the crucible of worldwide progress was now in Asia.
“Irreversible and even tectonic modifications have taken place all through worldwide relations,” Putin stated. “The position of dynamic, promising nations and areas of the world, primarily the Asia-Pacific area, has considerably elevated.”
Among the many visitors on the discussion board was China’s prime legislator Li Zhanshu, presently ranked No.3 within the Chinese language Communist Get together.
Putin stated that China would pay Gazprom for its gasoline in nationwide currencies, based mostly on a 50-50 cut up between the Russian rouble and Chinese language yuan.
Putin additionally stated Russia’s economic system was dealing with what he termed the monetary and technological aggression of the West, however acknowledged some difficulties in some industries and areas.