MOSCOW, February 29. /TASS/. Russia will construct new global financial infrastructure free of politics together with friendly countries, President Vladimir Putin said in his State of the Nation Address to the Federal Assembly (parliament).

"We together with friendly countries will continue creating efficient and safe supply corridors, construct new global financial architecture on the cutting-edge technological basis free of political interference. All the more so as the West brings discredit on its own currencies and banking system," he said.

The president said at the end of last year that the financial system based on prevailing dollar or euro and settlements exclusively through Western banks and the SWIFT system was discredited.