mo4ch:>Transnational corps need regulation, attempts to destroy WTO unacceptable – Putin to BRICS leaders | Mo4ch News

Russian President Vladimir Putin has spoken of the global economic situation and how the BRICS major emerging economies can join their forces to ensure it transforms into a more stable and fair model.“The situation in the global economy is disturbing,” Putin told the leaders of Brazil, India, China and South Africa, who were gathered for the G20 summit in Osaka, Japan.It is symptomatic that international trade is no longer the engine of economic growth and is experiencing an increasingly heavy burden of protectionism, politically motivated restrictions and barriersThe Russian leader called on members of the BRICS community to unite to tackle “protectionist” tendencies in world trade and to increasingly use national currencies in international transactions to stabilize any potential instabilities.The developing economies, Putin said, must take a more “proactive role in forming a fair and sustainable global development model.”Also on rt.comMuch has changed since Trump last met with Puti…