The world’s economy faces systemic long-term challenges and there is no time for quarrels, there is the need to unite efforts, Russian President Vladimir Putin said at the plenary session of the St. Petersburg International Economic Forum, APA reported citing TASS.
"We face systemic long-term challenges, and it is difficult now to calculate the consequences and make forecasts. We should not do that, we don’t have the right to fritter away our resources, waste effort and time for quarrels, discords and geopolitical games," Putin said.
The world countries need "wisdom, responsibility, a joint search for non-standard solutions, new formats of cooperation between countries, regional integration unions, businesses and scientific community, there is the need to make the most of the potential of such a unique universal organization as the UN," he said.
Russia seeks dialogue and partnership, and is open for joint work, implementation of mutually beneficial projects and cooperation in solving the most important strategic issues of global development, the president said.
"Only together, through uniting efforts, we can overcome the current misbalances and ensure a stable growth of global economy, elaborate just rules of trade and fair competition, level down poverty, cope with terrorism threats, regional conflicts and the spread of nationalism and xenophobia," he said.
Putin also stressed that the world is already facing civilizational challenges, and "the impact on the ecosystem of the planet is increasing both due to human actions and natural processes."
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