West Pressured, Putin Moves Closer To Asia: Asian Countries Are The Drivers Of Global Economy

Summit Conference on Interaction and Confidence-Building Measures in Asia (CICA). Photo: Konstantin Zavrazhin

JAKARTA - Russia continues to be pressured by the western world to stop its military aggression against Ukraine. President Vladimir Putin is not standing still. He snuggled closer to Asia with a smack of praise.

"Today we have met against the backdrop of serious changes in global politics and the economy. The world is becoming truly multipolar, and Asia, where new centers of power are growing, plays a major role," Putin said at the Conference on Interaction and Confidence summit. -Building Measures in Asia (CICA), Wednesday 13 October.

Putin said Asian countries are the drivers of global economic growth. Russia is actively contributing to this process.

"We are committed to the development and prosperity of Asia, to create an open space for trade and investment cooperation and to expand and deepen ties of cooperation in various economic sectors towards this goal."

"I would like to remind you that Russia is the founding country of the CICA Business Council, which has held many successful conferences and seminars on various economic issues over the past few years," he continued.

"We are working hard together with other Asian countries to create an equal and indivisible security system based on the universally recognized principles of international law and the United Nations Charter,"

President Vladimir Putin used his speech before Asian leaders. Putin stressed that Moscow is fighting the West to build a more just world.

Putin described the West as a neo-colonial power bent on hindering world development and exploiting poor countries.

"Like many of our partners in Asia, we believe a revision is needed of the global financial system, which for decades allowed the so-called 'billions of gold', which diverted all flows of capital and technology to themselves to live largely at the expense of others. ," said Putin.

However, CICA members have their own diverse agendas, and are also becoming more valuable to Russia as a customer of oil, gas, and other commodities that are difficult to sell to the West.