All news

Putin calls for paradigm shift toward truly democratic world model

According to the Russian president, such a change in the global economic landscape, where new leaders come to the fore, is an objective and largely natural process
Russian President Vladimir Putin Sergey Guneyev/POOL/TASS
Russian President Vladimir Putin
© Sergey Guneyev/POOL/TASS

MOSCOW, December 7. /TASS/. Russia would like to create a truly democratic world model, Russian President Vladimir Putin said.

"As for us, we would like to create a new model, a truly democratic one, where true and honest competition between all economic actors prevails," the Russian leader said, addressing VTB Bank’s "Russia Calling!" forum.

According to him, such a change in the global economic landscape, where new leaders come to the fore, is an objective and largely natural process.

History is full of examples of this, Putin added. Someone starts to develop and then fades away, replaced by new leaders; it happens "all the time and in all fields." "This is what is happening today in the global economy," the president concluded.