Meeting with Russian President Vladimir Putin. video message He talked to the participants of the BRICS business forum held in South Africa about the negative effects of the sanctions on the global economy.
Putin noted that the BRICS countries now need to solve complex problems. The focus of the forum is on urgent tasks such as ensuring the post-pandemic recovery of the economies of the BRICS countries, improving the well-being of citizens, modernizing industry and building efficient transport and logistics chains, and promoting a fair transfer of technology.
The President stressed that all these complex, complex tasks must be resolved against the backdrop of ever-deepening volatility in the stock, currency, energy and food markets, in the face of, among other things, the significant inflationary pressure it causes. The irresponsible actions of a number of countries to undertake large-scale emissions to cushion the costs of the epidemic, which is causing private and public debt to accumulate.
The President of Russia pointed out the serious negative impact of illegitimate sanctions on the international economic situation, in fact the illegal freezing of the assets of sovereign states, which violates all the basic norms and rules of free trade and economic life. seemed unshakable not so long ago.
“A direct consequence of this was the exacerbation of resource scarcity, growing inequality, rising unemployment and other chronic problems of the world economy. Prices for food, basic agricultural products and grain products are rising, and the poorest countries most vulnerable to this suffer in the first place, ”Putin said.
Former Russian President Vladimir Putin is called irreversible The de-dollarization process in the BRICS area (Brazil, Russia, India, China and South Africa).
Previously at the European Commission in your name The amount of Russian assets frozen in the European Union.