June 12, 2022
1 min read

Duma speaker alludes to ‘new G8’ which includes India

While having serious economic difficulties, the US, according to the Duma speaker, continues “doing everything to solve their problems at the expense of others”….reports Asian Lite News

The US “with its own hands” pushed the countries, which are not participating in “sanctions wars”, to form a “new Big Eight” group with Russia, the Russian State Duma speaker Vyacheslav Volodin said on Saturday.

In a Telegram post, Volodin included a table with IMF data on GDP based on purchasing power parity of countries he calls the “new G8” and of countries forming the current G7 (after Russia’s participation in the bloc was suspended over Crimea’s vote to join the country in 2014, the G8 effectively turned into the G7), RT reported.

“The group of eight countries not participating in the sanctions wars — China, India, Russia, Indonesia, Brazil, Mexico, Iran, Turkey — in terms of GDP at PPP is 24.4 per cent ahead of the old group,” Volodin wrote.

In his opinion, the economies of the G7 members — the US, Japan, Germany, Britain, France, Italy and Canada — continue “to crack under the weight of sanctions imposed against Russia”.

Following the launch of Russia’s military offensive in Ukraine in late February, the US, EU, UK and many other countries imposed hard-hitting restrictions on Moscow, making Russia the most sanctioned country in the world.

“The rupture of existing economic relations by Washington and its allies has led to the formation of new points of growth in the world,” Volodin claimed.

While having serious economic difficulties, the US, according to the Duma speaker, continues “doing everything to solve their problems at the expense of others”.

Creating tensions will “inevitably” lead the US to lose its world domination, Volodin stressed.

“The US created the conditions with its own hands for countries wishing to build an equal dialogue and mutually beneficial relations to actually form a ‘new Big Eight’ together with Russia,” he said.

ALSO READ: Russia rejects return to G8

Previous Story

Real-life molls and their sugar daddies

Next Story

India, EU hold defence consultations

Latest from India News

Trump Repeats India-Pak Ceasefire Claim

The latest remarks came days after White House Press Secretary Karoline Leavitt asserted that the US President ended several conflicts around the world, including the one between India and Pakistan…reports Asian Lite

India and Japan deepen naval bond

Indian Navy Chief Admiral Tripathi meets Japanese Defence Minister; visits advanced JMSDF units and shipbuilding facilities. The interaction and visits carried out by Admiral Tripathi set the ground for greater mutual understanding

Modi, MBZ talk big ties

The call reaffirmed their keenness to “strengthen relations in line with their shared vision to leverage opportunities and deepen strategic cooperation.”…reports Asian Lite News In a significant diplomatic engagement, Prime Minister Narendra
Go toTop

Don't Miss

Jaishankar, Xi Discuss Bilateral Relations

The interaction took place as part of the Shanghai Cooperation

India seeks extradition of Canada-based gangster Arsh Dalla

The MEA spokesman said that a separate request was also