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News > Russia

Russian President Says the Unipolar World Has Come to an End

  • The Russian President said that the unipolar world order has come to an end at the  25th St. Petersburg International Economic Forum. Jun. 17, 2022.

    The Russian President said that the unipolar world order has come to an end at the 25th St. Petersburg International Economic Forum. Jun. 17, 2022. | Photo: Twitter/@yanoxxtweet

Published 17 June 2022

Russian President highlighted the fact that the U.S. did not notice the formation of new centers of world power that challenged its hegemony after 1991.

Russian President Vladimir Putin said Friday that the era of the so-called unipolar world order is over, despite what he described were all attempts to preserve it by any means, the head of which he singled out the United States by name during his speech at the 25th St. Petersburg International Economic Forum (SPIEF).

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The Russian President emphasized that the diversity of civilizations on the planet and the wealth of cultures are difficult to standardize with patterns, whether political, economic or otherwise: "Patterns do not work here, patterns that are crude, without alternative, imposed from a single-center," he said.

According to the Russian President, the U.S. "by declaring itself the victor of the Cold War" in 1991, came to consider itself "the messenger of God on Earth who also has no obligations, only interests, and those interests are proclaimed as sacred." He continued to say that Washington "does not seem to realize" the fact that in recent decades" "new powerful centers" with their own "political systems and public institutions" as well as "models of economic growth" have been forming and gaining ground, which "of course, have the right to their protection, to guarantee national sovereignty."

In the same way, he criticized Western countries' leaders for taking the rest of the States as "colonies" and their peoples as "second class people because they consider themselves exceptional." He added that "the initial economic blitzkrieg against Russia had no chance of success" regarding the policies of sanctions and unilateral coercive measures promoted by the EU and the U.S. against Moscow after the intervention in Ukraine last February.

As a retaliation, the Russian President announced that Russia could significantly increase the export of food and fertilizers and the volume of grain supply could increase next season to 50 million tons. The leader said that the Russian economy will remain with the principles of openness in its development and will never follow the path of self-isolation, to which he listed new measures for protecting the national economy from sanctions.

Regarding the economic sector, Putin also stated that "key concepts for business, such as business reputation, inviolability of property and trust in world currencies," were undermined by the West, which is guided by its "outdated geopolitical ambitions and illusions."

The Russian President said that price increases, inflation, problems with food and fuel, and the energy sector, in general, are "the result of the systemic mistakes of the economic policy of the current U.S. Administration and the European bureaucracy."

At the same time, Putin said that "the direct consequence of the actions of European politicians and the events of this year will be a further worsening of inequality in those countries. This, in turn, will further divide their societies. And the issue is not only the level of welfare but also the values of different groups in that society," he continued to say.

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