THE Saint Petersburg International Economic Forum wrapped up Saturday. As always, the economic and business event proved a spectacular success, once again busting the myth of Russia’s international political, diplomatic and economic “isolation”, and offering a blueprint for coming global change.
The four-day event:
• saw 150+ sessions and 300+ business events
• showed off prospective new technologies and innovations
• was attended by 20k guests from 142 countries • saw the inking of 1,084 agreements worth 6.64 trillion rubles ($90B US)
• previewed the emergence of a major new year-round global trade artery — the Northern Sea Route
• demonstrated what moderator Geeta Mohan characterized as “an alternative voice that counts” to Western hegemony
• and most importantly, featured a speech by President Putin at the event’s plenary session offering what commentator George Galloway dubbed a “masterclass” for world leaders.
In his plenary address and follow-up Q&A session, Putin highlighted the tectonic transformation of the global economic center of gravity from the G7 to BRICS, and the emergence of a new global trade order that’s no longer Western-centric.
Putin outlined the “huge, catastrophic, strategic mistake” made by the US in trying to use the dollar as a political weapon, and the West in general with its sanctions policy.
SPUTNIK
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