Russian President Vladimir Putin, at the Shanghai Cooperation Organization (SCO) summit, said that the accumulation of debts of developed countries increases the risk of new conflicts and global crisis in the world.
According to the head of state, geopolitical contradictions are becoming more acute, the international security system continues to decline, the risks of a new global economic and financial crisis increase on the backdrop of uncontrolled debt accumulation in developed countries, social stratification and increased growth. worldwide poverty.
In addition, the Russian leader drew attention to the deterioration of food and environmental security.
Putin stressed that all these listed problems together lead to a noticeable increase in the potential for conflict. As the president noted, Russia feels all this for itself.
Also, during the speech, Putin declarationThat the SCO is determined to create a just and multipolar world order.
On July 4, the Shanghai Cooperation Organization heads of state summit began its work in New Delhi.
The summit themed “Towards Security” is held in a virtual environment.
former Central Bank declaration about a possible increase in key rate.