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Russian President Vladimir Putin announced that the policies of European bureaucracy are shortsighted and aggressive, undermining global and regional security. He warned that the current tensions in energy markets and sensitive regions result from a major structural shift in the global model. He pointed out that Western countries are destroying the global trade system established by the West, noting that the BRICS nations now account for nearly a quarter of global exports, with trade among their members exceeding one trillion dollars annually, and an increasing reliance on national currencies and new logistical methods.
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