GENERICO.ruPoliticsPutin announced the loss of positions of the countries of the golden billion

Putin announced the loss of positions of the countries of the golden billion

BISHKEK, Oct 13 International relations in the world are experiencing irreversible changes: the countries of the “golden billion” are losing their leadership for objective reasons, and production is increasing in the countries of the global South and Asia, said Russian President Vladimir Putin.
“International relations – and we all see this clearly – are experiencing irreversible changes. Now we can say for sure – irreversible changes. Of course, first of all, it is connected with trends in the world economy – because this is the base after which everything else follows. And the trends are such that the countries of the so-called “golden billion” are gradually, according to purely objective circumstances, despite attempts to maintain their leadership, they are losing this leadership,” Putin said at a meeting of the Council of CIS Heads of State in a narrow format.

Along with this process, the president added, production volumes are increasing in the countries of the global South and Asia .

“The volumes of world GDP have already become larger in the BRICS countries – especially after the expansion of the BRICS, significantly exceeding the G7 countries, and the trend continues, that’s what’s most important. The trend of economic growth and power of the countries of Asia and the rest of the world continues. Moreover, this is an objective process. There is no escape from this. And it will be followed by the formation of a multipolar system,” Putin said.

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