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    Putin supports changing the tenets of the global financial system.

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    Russian President Vladimir Putin stated on Thursday that Russia is in favour of changing the tenets of the international financial system.

    In his opening remarks, Russian President Vladimir Putin claimed that the current global financial system allowed the “golden billion” on the planet to live at the expense of everyone else. This was said at the Conference on Interaction and Confidence-Building Measures in Asia (CICA) in Astana, Kazakhstan.

    Putin claimed that Asia is a region where new centres of power are arising and that the continent significantly contributes to the shift to a multipolar world order. He continued, “All global supply chain barriers must be eliminated.

    Putin also emphasised his nation’s efforts to establish an indivisible, equal security system.

    In light of global energy and food price volatility, he emphasised the risks of famine and large-scale shocks.

    On Wednesday, the Russian president arrived in Astana, where he is scheduled to hold a number of bilateral and trilateral discussions.

    In the Kazakh capital, Putin will also take part in the summit between Russia and Central Asia and the Council of Heads of the Commonwealth of Independent States (CIS).

    He is scheduled to meet with Recep Tayyip Erdogan, his Turkish counterpart, with whom he may discuss the prospect of dialogue between Russia and major European nations as well as Turkish efforts to mediate the situation in Ukraine, where Moscow launched a “special military operation” in February.

    In light of global energy and food price volatility, he emphasised the risks of famine and large-scale shocks.

    On Wednesday, the Russian president arrived in Astana, where he is scheduled to hold a number of bilateral and trilateral discussions.

    In the Kazakh capital, Putin will also take part in the summit between Russia and Central Asia and the Council of Heads of the Commonwealth of Independent States (CIS).

    He is scheduled to meet with Recep Tayyip Erdogan, his Turkish counterpart, with whom he may discuss the prospect of dialogue between Russia and major European nations as well as Turkish efforts to mediate the situation in Ukraine, where Moscow launched a “special military operation” in February.

    Along with the border disputes between Kyrgyzstan and Tajikistan, the issue of Karabakh with Azerbaijan and Armenia is also anticipated to be brought up with the respective heads of state.

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