In an extensive interview with Channel One’s “Great Game” program on Dec. 28, Russian Foreign Minister Sergey Lavrov reported that the heightened tensions from various U.S. measures is prompting an alternative financial and economic system. The transcript of his interview is posted to the Foreign Ministry website. (https://www.mid.ru/en/foreign_policy/news/1845915/ )
“It seems to me that after sanctions imposed on Russia following the coup against it and after the Crimean referendum, the majority of non-Western states had already realized that the system they were in with other countries was unreliable. This is a system of international currency, finance, globalization, logistics chains, insurance for international shipments, freight rates and technological products that are produced by a handful of states. This applies to the same conductors on which the Americans are now trying to impose a veto. They have sanctioned Chinese companies that produce conductors in an obvious bid to slow down the development of the P.R.C. Everything happened much faster,” Lavrov told the broadcast.
“Many countries had to make a choice then and there. It was probably difficult, considering how deeply they were intertwined in the globalization system. It was created by the Americans and discredited by them, because Washington proved to be an unreliable curator and operator of this system….
