Moscow, April 28 -- The West has begun losing its global dominance, paving way for the creation of new growth centres in the Global South, amid the creation of a multipolar world order, said Russian President Vladimir Putin in a video address to participants and guests of the Open Dialogue international forum.
"Previous approaches and well-established norms and rules of business and international relations have been gradually slowing down, including because of actions by Western countries which are losing their leadership roles, giving way to new growth centres, to the Global South," the Russian leader maintained.
Putin added that a more intricate, multipolar architecture of global development, dominated by countries that understand and a...