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Putin talked about the transition to a fairer financial system in BRICS

The longer the BRICS countries work under other people's rules and on other people's platforms, the longer the transition to a fairer financial system will take, and the higher the risks of shocks will be, said Russian President Vladimir Putin, speaking about the role of the dollar in global finance.


"We, striving for cooperation, nevertheless, it seems to me, should understand that the longer we live and work under other people's rules and on other people's platforms, the longer the transition to a new and fairer economic and financial system will last. And maybe it will be accompanied by big upheavals, including the kind of upheavals that we see, in particular, in the Middle East," Putin said during an extended session of the BRICS summit in Kazan.

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