https://en.sputniknews.africa/20231006/valdai-club-experts-on-new-world-order-brics-currency-multipolarity-1062592257.html
Valdai Club: Experts on New World Order, BRICS, Currency, Multipolarity
Valdai Club: Experts on New World Order, BRICS, Currency, Multipolarity
Sputnik Africa
On October 5, the 20th annual meeting of the Valdai Discussion Club – an international thinktank – came to an end. Many important statements were made by... 06.10.2023, Sputnik Africa
2023-10-06T18:12+0200
2023-10-06T18:12+0200
2023-10-18T13:42+0200
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Valdai Club: Experts on New World Order, BRICS, Currency, Multipolarity
Sputnik Africa
On October 5, the 20th annual meeting of the Valdai Discussion Club – an international thinktank – came to an end. Many important statements were made by Russia’s President, as well as experts. Your AfroVerdict host sits down with four participants to analyze the ideas brought forward at the Valdai Club.
The colonial system “hasn’t changed”, but rather the “tools of colonialism” have, according to Irina Abramova, director of the Institute of Africa of the Russian Academy of Sciences.A single currency “dominating the entire transaction of global trade” is detrimental to humankind, as it “has been used as a tool to punish countries,” Jafar Geletu, deputy director general at the Ethiopian Institute of Foreign Affairs, states.Dr. Rasigan Maharajh, a South African economist, says that the Bretton Woods institutions “have served merely to support” a unipolar world.Russian President Vladimir Putin listed six principles of international relations during his speech at the Valdai Club. These principles are part of the “fundamental thinking” in the “foundation of the United Nations Charter”, according to Mr. Geretu. The economist explains that the “unipolarity of the Western dominated global system” has “violated these principles”.To hear what else the experts had to say, check out the entire episode of the AfroVerdict podcast, brought to you by Sputnik Africa.In addition to the website, you can also catch our episodes on Telegram.► You can also listen to our podcast on Google Podcasts, Apple Podcasts, Castbox, Pocket Casts, Deezer, Podcast Addict and Afripods.► Check out all the episodes of AfroVerdict.
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valdai discussion club, vladimir putin, brics, brics expansion, russia-africa cooperation, ethiopia, russia, currency, alternative currency, multipolarity, colonialism, trade, аудио, podcasts
valdai discussion club, vladimir putin, brics, brics expansion, russia-africa cooperation, ethiopia, russia, currency, alternative currency, multipolarity, colonialism, trade, аудио, podcasts
Valdai Club: Experts on New World Order, BRICS, Currency, Multipolarity
18:12 06.10.2023 (Updated: 13:42 18.10.2023) Viktor Anokhin
Producer, Podcast host
On October 5, the 20th annual meeting of the Valdai Discussion Club – an international thinktank – came to an end. Many important statements were made by Russia’s President, as well as experts. Your AfroVerdict host sits down with four participants to analyze the ideas brought forward at the Valdai Club.
The colonial system “hasn’t changed”, but rather the “tools of colonialism” have, according to Irina Abramova, director of the Institute of Africa of the Russian Academy of Sciences.
“If previously it was direct robbery and subjugation, now it is more sophisticated forms, in particular the use of tools suchas the domination of the dollar, the destruction of the national identity, bribery of elites, sanctioning elements, and so on,” Ms. Abramova says.
A single currency “dominating the entire transaction of global trade” is detrimental to humankind, as it “has been used as a tool to punish countries,” Jafar Geletu, deputy director general at the Ethiopian Institute of Foreign Affairs, states.
“The monopoly of one currency that is attached to a specific country dominating this level of economic transaction is not good because this is going to lead to irresponsible use of that power to advance a specific agenda and specific interest of a specific nation,” he explains.
Dr. Rasigan Maharajh, a South African economist, says that the Bretton Woods institutions “have served merely to support” a unipolar world.
“We need to transform Bretton Woods. We need all of the world's people participating in determining what international, multilateral fora are necessary for us. It must be the things that help us, not the things that curb our development,” Dr. Maharajh says.
Russian President Vladimir Putin listed six principles of international relations during his speech at the Valdai Club. These principles are part of the “fundamental thinking” in the “foundation of the United Nations Charter”, according to Mr. Geretu. The economist explains that the “unipolarity of the Western dominated global system” has “violated these principles”.
“States could be stabilized if we organize the global system in such a way that all countries, small or big, are treated equally and fairly and justly, beneficial to the economic and political advantages of a good globalized world system,” he says.
To hear what else the experts had to say, check out the entire episode of the AfroVerdict podcast, brought to you by Sputnik Africa.
In addition to the website, you can also catch our episodes on
Telegram.
► Check out all the episodes of AfroVerdict. 
