“The example of the Russian
Federation, China, and a number of other states, show that Washington and Brussels are trying to halt the development of other countries by introducing illegal
sanctions, declaring trade wars, stealing gold and foreign exchange reserves,
using international payment systems and the USD as instruments of political
pressure,” emphasized the Chairman of the State Duma Vyacheslav Volodin
Vyacheslav Victorovich
The Chairman of the State Duma of the Federal Assembly of the Russian Federation of the eighth convocation. Elected in single mandate constituency № 163 (Saratov constituency - Saratov Oblast)
.
He recalled that over 21 thousand illegal sanctions had been imposed against the Russian Federation over the past 10 years. “Despite this, our country is getting stronger, the economy has managed to adapt and shows strong growth. In 2023 it was 3.6%,” added Vyacheslav Volodin.
The sanctions had a boomerang effect on their initiators: the United States had lost its economic leading position, as noted the Chairman of the State Duma. According to him, all Washington’s attempts to get it back, including by weakening the European Union, have failed.
“The dollar loses its status as the world's reserve currency. To ensure their financial security, sovereign countries, primarily BRICS member states, have begun to stop using the toxic dollar. Its share in export and import transactions within the framework of the organization in 2023 was only 28.7%,” emphasized the Chairman of the State Duma.
The task of parliamentarians of the BRICS member states is to create legal mechanisms to protect the financial and economic sovereignty of their states, help develop inter-bank cooperation, and help increase the share of national currencies in mutual payments, according to Vyacheslav Volodin.
On July 11–12, St. Petersburg hosts the 10th BRICS Parliamentary Forum
at the Tauride Palace. As part of the events of the Forum, parliamentarians
will discuss the role of parliaments in enhancing the efficiency of the system
of international relations and ensuring its democratization, issues of countering the fragmentation of the multilateral trading system and the results
of global crises. Aspects of inter-parliamentary humanitarian and cultural
cooperation will also be discussed at the meetings.
The Russian Federation chairs BRICS in 2024.
