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New world development centers can successfully compete with the West — Putin

It was also noted that everyone will win more when standing together and not individually

MOSCOW, October 27. /TASS/. New world development centers already have unique technologies and can successfully compete with multinational companies of the West in many areas, Russian President Vladimir Putin said on Thursday.

"New world development centers already have at present unique technologies and scientific research results, can successfully compete with Western multinational companies in many areas," the head of state said.

"Clearly we have a common, fairly pragmatic interest in an honest and open scientific and technology exchange," the President noted.

"Everyone will win more when standing together and not individually," in the global trade, Putin stressed. The majority and not individual ultra-rich corporation should receive the benefit," the President said.