Vladimir Putin: The dollar is going away

According to the Russian president, BRICS countries must cooperate on equal footing to achieve their goals

Russian President Vladimir Putin joined the BRICS meeting in South Africa today with a pre-recorded video address in which he announced that the de-dollarization of the world economy is an “irreversible process”, reported Reuters, quoted by BTA.

According to him, this is happening as public and private debts are growing, and instability in financial, energy and other markets is intensifying.

According to the Russian president, the countries of the BRICS group should cooperate on an equal footing in order to achieve their goals. He pointed out that “the group is on its way to meet the aspirations of the majority of the world’s inhabitants”.

“We cooperate on the basis of the principles of equality, peer support, respect for each other’s interests, and this is the essence of the future-oriented strategic course of our association, a course that meets the aspirations of the main part of the world community, the so-called global majority Putin said.

According to him, Russia remains a reliable supplier of food to Africa, but the sanctions imposed on the country prevent these supplies from being carried out smoothly and making the necessary bank payments.

He once again stated that Russia is ready to send grain to Africa for free and indicated that the country is on the way to finalizing talks on such supplies.

The BRICS group, which includes Brazil, Russia, India, China and South Africa, represents about 40 percent of the world’s population. The meeting is expected to discuss the admission of new members, but Putin did not touch on that topic in his video address.

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