Putin Called for Reform of IMF, the World Bank and WTO
4 Articles
4 Articles
Russian President Vladimir Putin, at the BRICS summit in New Delhi, stated the need to reform global institutions of economic governance. Russian President Vladimir Putin, at the BRICS summit in New Delhi, drew attention to the need to reform key international organizations, transmitting TASS. "The question of improving global institutions of economic governance — the International Monetary Fund, the World Bank, the World Trade Organization — is…
The BRICS countries must coordinate their efforts on the margins of key international institutions whose principles lag behind the realities of today's world economy, Russian President Vladimir Putin believes." The question of improving global economic governance institutions — the International Monetary Fund, the World Bank and the World Trade Organization — is long overdue.
BRICS is expanding its influence on issues such as reform of global institutions, trade in local currencies, alternative financial networks, manufacturing, AI, quantum technology, and terrorism. It is no longer limited to discussions of economic cooperation and alternatives to the dollar. This was clearly reflected in the New Delhi Declaration.
Russian President Vladimir Putin stated the need to improve key international economic organizations — the IMF, the World Bank and the WTO.
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