Russia’s expert.ru reports that the Minister for Integration and Macroeconomics of the Eurasian Economic Commission, Sergey Glazyev, believes that a new world currency may soon emerge, due to the formation of broad international coalitions.
“We are on the threshold of the transition to a new monetary and financial system. I am convinced that in the next few years a new world settlement currency based on an international treaty will be introduced, international law will be restored. But this requires common efforts, including efforts in the sphere of public diplomacy, which unites experts, scholars, businessmen, citizens, all people who care about the fate of the world,” Glazyev said at the plenary session of the International Forum of Public Diplomacy, dedicated to the 5th anniversary of the Assembly of Peoples of Eurasia. He added that a normalization of the situation in the world requires the formation of broad international coalitions. Such coalitions will have to restore international law, and the new world currency will be created on this basis. It “will work for the development of trade and cooperation,” he said.
