tv Russian President Vladimir Putin Addresses World Economic Forum CSPAN January 28, 2021 3:57am-4:42am EST
a very promising -- is very promising. biden has shown our global interconnectivity, and russia will still all -- will certainly also be affected, because it is of interest to all of us. mr. president, we are keen to hear from your perspective and that of russia how you see the situation in the 21st century and what should be done to ensure that people everywhere find peace and prosperity? mr. president, the world is waiting to hear from you.
pandemic, to provide an opportunity for discussion and it certainly provides an opportunity for communication among the leaders of state. it is important now while we are facing foolishness. the majority of topics are dedicated to the profound changes taking place in the world. it is hard to ignore the
fundamental organizations in our economy take to heart -- has become a chance to the entire mankind and changes conditions for which are already in place. for many, the pandemic has exacerbated the problems. we have reason to believe tensions might escalate even further. naturally there are no direct parallels in history. i respect the opinion. they keep saying -- one can
agree or disagree with their opinion. we are witnessing the crisis of economic development. we mentioned before, but today it causes radicalism and other extreme movements. processes including leading economists, escalating, in fact the nature making the -- nature of political situations making them less stable and addictive
will. the global security system is degrading. just like yesterday's phone call with presidents and we agreed on it dort -- x including the agreement. in the 21st century, nowadays such heated conflict is not possible, i hope, but it is not possible in principle because it would mean the end of our civilization. if we sit on our hands doing nothing to avoid it, there is a
possible visit -- a possibility we may see a global collapse. the worn crowds will begin to tackle, the fight would mean the destruction of traditional areas, and we cherish these areas and also fundamental freedoms like privacy. several crisis have caused consequences. our common responsibility today is to avoid a future that resembles a dystopia.
on -- in this regard, i would like to elaborate on the key challenges that in my opinion faces today. -- in my opinion, face us today. if we look at the statistics, you start to see a crisis between 2018 and 2020. starting from 1980, the global gdp had purchasing power and authority in real-time. this is a positive sign, globalization resulted in a boost in developing countries. more people have been lifted out of poverty, -- [indiscernible]
who benefited the most? sadly, i don't think anyone gained much that if it's -- much benefits. this vetting in the global economy has social costs including sick mating -- including significant loss and other situations in developing countries. paradoxically, the problems of certification here in developed countries -- there were 6.6
people living on five dollars a day in the u.s. in 2016, in 2017 this figure wrote -- this figure rose. there is all -- there was also a rise for many companies. the tendency is the same like in america. but again, who gets this revenue? people who represent 1% of the population. what happens with those people? for the last 30 years, the income of more than half of citizens in a number of developing countries in real
terms while the cost of education, health services have tripled. it has increased, tripled actually. that is -- that means millions of people in developing countries have ceased to seize the prospect of their income and to collect quality education for their children. in 2019 21% of all young people in the world or 267 million or
equivalent to the loss of 500 million jobs. yes, half of them had been recovered by the new year, but 250 million of them were still lost. income loss is up to three and a half trillion dollars -- is up to $3.5 trillion. the problem could have been solved through communicative microeconomic policies. the result is tactically
exhausted. in foreign economies it has exceeded 300% of the national gdp. at the same time, all developed countries now have 0% interest rates and the main developing countries historically have minimal ones, all of this theoretically means stimulating the economy by providing minimal credit. this includes real and virtual
economy, quite often the officials of the economic sent your -- economic sector in many countries keep telling me this. this is fought with serious and an -- and unpredictable -- they have not yet laid the foundation for what is known as the fourth industrial revolution. they have yet to make artificial intelligence with -- this process is also bringing about
new structural changes in the market. many people are risking their jobs. that video represents the core of society and represents the fundamental political challenge including economic problems and economic equality throughout the society. national pressure is challenging in those countries where systemic social economic problems have reached a public
discontent and it requires special attention should be resolved -- should it be resolved. in this case the public discontent will increase and society will be divided because the leaders of this deal with real problems that affect everybody. real problems lead to discontent , more than technology, first of all digital sign -- science have
been playing a troll in the country. we are not talking about what happened in the united states, we are not talking about economic -- we are talking about economic giants only in certain areas. the audience includes millions of viewers which are using these ecosystems and spend a lot of time there in the companies are not as efficient as they could be. here's the question, how does this monopoly correlate with the public interest? with data on the one hand, how
do the efforts to rule society and then self-serving widths democratic institutions and coaching on our risk -- and we have seen all of this recently in the united states. everybody asks well what am i talking about, i am sure the majority of people share this view. finally, the third challenge, the clear threats to which we can face and indicate. >> they choose to search for
internal enemies, they will emerge as external enemies. one in which they can redirect the temper. we can see already, we make tech stocks become more aggressive. they're easy to control. the use of trade barriers, restrictions and the financial, technological, and information is dramatically increasing the risks which is very dangerous. in any pretext, however the new
hopes -- you start this angle of differences and challenges, it is essential that we keep looking positively into the future and remained -- and remain committed to the agenda. all of us should develop common approaches, narrow down discrepancies as much as possible. i would like to reiterate my message, the fundamental reason is in many cases social and economic problems. that is why the key issue today
is this, not only to restore national economies affected by the pandemic, but ensure that the restoration is sustainable in the long term and includes structure to enable them to overcome limitations of economic policies for the development of the economy. we will debate with state budgets and central banks playing the hero. -- playing the key role. in developing countries, increasing the role of the government and the social and
economic here at the social level, have invariably been calling for creating conditions -- it is clear and collect -- correct and it is absolutely clear that the world cannot follow the path of building an economy that only works for a few people or the golden billionaires. today it is important to move from general statements to actions. to put in real efforts and resources into reducing social inequality step-by-step.
by immigration policy was designed to includes the creation of new opportunities for everybody, conditions for people to develop and recognize their potential. they are priorities, how i can see them as priorities. i will not say it is nothing new , but expressing the priority position of russia, that is what i am doing. infrastructure, transport, exit
-- economic globally, with -- we had a job that provided a scattered -- a standard of living. it should enable us to keep, develop, and build a career. but people are not up -- are not confident that they will receive adequate medical care or that they will receive any. regardless of any income, children should have opportunities to superior education.
this is the only way to guarantee the most effective global economy, -- and those countries that can make progress in these four areas, the most important areas, only those countries that can make progress here will ensure sustainable development. it is important to underline what my country is ensuring. safeguarding the people on producing -- arm improving the world -- the well-being and health of people. we will ensure digital
transformation -- digital transfer of information as a basis. in the coming years, we will concentrate the efforts of the garman business on this fact and build a stimulating foreign policy. on development goals, we will reopen to international corporations on the global economic agenda or if it will have an impact on global affairs. problems will lead to -- overcoming of problems will lead to stronger trust. which is essentially rare today. we will attempt to centralize --
until it is over. such a monopoly will inherently call for cultural -- the realities that there are truly a different set of -- with their different models, it is him straight -- it is extremely important to create mechanisms to protect day to day interests. the natural competition between poles of development, so this we have to strengthen and develop the union for which that special
responsibility for ensuring global stability in the world of government trade is there. i keep telling you about that, this institution during a different era facing today's challenges is not able to do that objectively. we shall support them. they have unique experience when it comes to using potential that has not been implemented. we should use it.
we should use a new form of interaction when it comes to multiple effort. certainly it can be understood in multiple ways. it can make universal actions look legitimate or others not at all, or it can be a way for states to deal with specific problems for the common good. it will create information including the -- understand that we have here a lot of vast opportunities for mutual work.
the practical work shows that. let me remind you the work that has been done by russia, iran, turkey when it comes to syria and establishing a political dialogue in that country. this is by multiple countries that came together and these efforts were guided by the key arrangements made by the group, particularly vice cochairs russia, the u.s., and france. as it was signed by russia in november, most of its provisions
have been put into practice. this has to end the bloodshed. right now, the task for the international community that has been involved in solving the crisis is to provide assistance to affected regions to help them overcome, restoration of destroyed infrastructure and protection of religious and cultural monuments in the restoration. last month, for example, for the stabilization of the world, this parliament had provided the example of the situation with different countries.
-- with their growing view of the world. at the same time, they had issues without interruptions pretty good example is to study covid-19. the world needs to create an environment to work together. the difference between its pha se. a worldwide coordination of the general sector, the general sector of covid, the possibility , what's needed the most, the
number of vaccinations. so we can see max vaccinations for those who need it in developed countries. hundreds of millions of people who can get protection, and where the equality can result in a common threat, because the pandemic will drag on, at the epicenters that remain, the pandemic know no borders. we need to learn from the current situations, only
people and generalizations, however, a critical time -- changing situations, and that is superior. it is crucial to give an assessment of the situation, real, global problems rather than perceived ones, or even admitting the imbalances which are critical in our community. financially, we should be able to shift to give a sense of the 25th century. -- 21st century. i would like to stop thank you for your patience and your
attention. >> thank you. the issues you raise, and also here at the davos week, we complement the speeches of the task force, which addresses several of the issues you mention, like not leaving the developing world behind, kids taken care of, and so on. so, mr. president, we prepared for a discussion afterwards, but i have one very short question. how do you see a guy -- it is a question which we discussed 14 months ago, how do you see the future of european-russian
relations? just a short answer. pres. putin: [speaking russian] translator: klaus, we have fundamental issues. we have common cultures. the most important political figures in europe, they need to keep developing the relationship between europe and russia, geographically, what is most important, from that point of view, it is just monetization, in reality. french leaders want to create a
space for lisbon, for europe, and geography, why just tiers of europe? they should extended to vladivostok. used to say that the european culture presents itself and maintains its role as the strongest country in the world, again, taking into account world development. so why should europe and russia be together? we cannot disagree with this. we share the same opinion. it is not far from being normal.
this will be the interest of russia and european countries, no doubt about it. the world has been affected, although the european union as well as our main trade partners, so we have to come back to the standards, and i have to increase our interaction, russia and europe, from the economic point of view, our mainstream partners, and from the point of view for development, technological development, development from the state point
of view, russia is showing european culture, but it is bigger than the entire europe. we have huge examples. but it could be usually beneficial for us and europe. what i want you to here is the following. we should approach in that manner to our dialogue. we should get rid of our phobia. we shall not use in our political processes problems which we inherited from the previous century. we shall look into the future, to the future, and if we are able to get people and problems,
then we will create a positive space for our relations. we are ready for this. we will like to get this, and we will do our best to achieve this, but it should not be a unilateral approach. it should be a common approach. klaus: thank you very much. thank you very much, president. this concludes the public portion of our session. for those joining the following dialogue with you, mr. president, which will begin shortly, please connect