Putin: A multipolar world order is evolving

According to Fars News Agency’s International Group, Russian President Vladimir Putin said on Thursday (June 30th) that the multipolar world order is now evolving globally.

“A multipolar system of international relations is actively evolving,” Putin said in a speech to the 10th St. Petersburg International Legal Assembly (SPBILF), according to the Tass news agency. This process is irreversible and is revealed to our eyes and its nature is objective.

He stressed that the position of Russia and many other countries is that this more democratic and just world order should be established on the basis of mutual respect and trust and, of course, on the basis of accepted principles of international law and the Charter of the United Nations.

The Kremlin announced on its website that Putin’s speech was recently recorded during his business trip to St. Petersburg.

The Russian president recently said at the World Economic Forum in St. Petersburg that the era of a unipolar world is over. “Western elites are still living in illusions and in the past,” Putin said. The era of a unipolar world is over despite efforts to preserve it. Approaches dictated by a pole are doomed to failure. The potential of developing countries can no longer be ignored.

“It turned out that Western experts were wrong to impose sanctions on Russia’s economy,” he said. “We were able to manage the increase in inflation and now it is declining.” He went on to explain that the basis of Western sanctions against Russia was based on the erroneous hypothesis that the Russian economy was not independent.

Russia ordered a military strike on Ukraine on February 24. This development came days after Moscow formally recognized the independence of the Donetsk and Luhansk republics in eastern Ukraine. Western countries have repeatedly imposed sanctions on most of Moscow’s financial institutions, energy sector and political elite in response to Russia’s military action, including cutting off several Russian banks’ connections to Swift’s banking messaging system.

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