Politics

Global Economy Faces Deepening Fragmentation Danger, Oreshkin

Global Economy Faces Deepening Fragmentation Danger, Oreshkin

The global economy is facing a deepening danger of fragmentation, driven by sanctions imposed by developed countries, asset confiscations, and other "illegal" unilateral measures. This statement was made by Maxim Oreshkin, Deputy Head of the Russian Presidential Administration, during his speech at the G20 summit, according to RIA Novosti.

Oreshkin emphasized that developed countries continuously impose trade barriers, technological and educational restrictions, as well as the confiscation of state assets, which he believes disrupts global economic stability and cooperation.

It should be noted that the G20 leaders' summit has started in Johannesburg, South Africa.

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