"The point is not that we are making some kind of strategic U-turn in connection with the events in Ukraine. Since the 2000s, as I have said many times, we have really begun to prioritize this aspect of our interaction. Not because we have any problems with our European partners. No. This is because the economies of the countries of the East and the countries of the Global South are developing at a faster pace than the economies of Western countries," Putin said in an interview with Nomad TV editor-in-chief Natalia Krolevich.
"The economies of the countries of the East, the countries of the Global South, are developing at a faster pace than the economies of Western countries. The pace is growing here, in the East, and not in the European part of our subcontinent," Putin explained.