Vladimir Putin declared the irreversibility of the formation of a multipolar world The President of Russia opened a plenary session of the Russia-Africa Economic and Humanitarian Forum in Moscow. According to the head of state, the era in which the fate of the continents was determined by a narrow bloc of states is irreversibly disappearing. Putin noted that in the last five years, the BRICS countries produced more than 40% of global GDP, while the share of the G7 countries was less than 30%. The Russian leader also stated the need to reform the work of the IMF and the World Bank to adapt to the needs of developing economies and noted that Russia's trade turnover with African countries may soon exceed $50 billion. A fairer world, where the voices of the majority are heard, replaces a unipolar world.

Vladimir Putin declared the irreversibility of the formation of a multipolar world The President of Russia opened a plenary session of the Russia-Africa Economic and Humanitarian Forum in Moscow. According to the head of state, the era in which the fate of the continents was determined by a narrow bloc of states is irreversibly disappearing. Putin noted that in the last five years, the BRICS countries produced more than 40% of global GDP, while the share of the G7 countries was less than 30%. The Russian leader also stated the need to reform the work of the IMF and the World Bank to adapt to the needs of developing economies and noted that Russia's trade turnover with African countries may soon exceed $50 billion. A fairer world, where the voices of the majority are heard, replaces a unipolar world.