"What did the former colonizers do? Back in 1957 - I was recently shown pictures - people in cages were brought from Africa to European countries, for example, to Belgium. It is impossible to watch without tears," he said while addressing the plenary session of the ongoing Eastern Economic Forum (EEF) in Vladivostok.
"[Western countries] have burdened all the countries of Africa - they owe trillions in dollar terms. In other words, they have created such a debt mountain for Africa, that African countries cannot, by definition, pay back the loans granted to them at all. This is not even a credit relationship - it is like some kind of ownership," Putin added.
"The historical memory of those peoples with whom we were friends, with whom we communicated, whom we often helped in their development, has been preserved. And it is not difficult for us to restore relations on new principles, which is what people in these countries want too. This applies to Laos - we see many friends there - it applies to the Asia-Pacific region as a whole, it applies to Africa," the head of state said.