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20 June 2022, 09:14

Opinion: EAEU, Belarus-Russia Union State will survive redivision of the world

Screenshot of the STV TV channel
Screenshot of the STV TV channel

MINSK, 20 June (BelTA) – The Eurasian Economic Union (EAEU) and the Belarus-Russia Union State will survive the redivision of the world, there is no other way, Doctor of Economics, Professor Irina Novikova told the Belarusian TV channel STV, BelTA has learned.

“When they say this about international organizations [statements alleging that some of organizations will not survive the global redivision of the world], they first of all mean the UN, the International Monetary Fund, the World Bank. We must not forget that the World Bank, the International Monetary Fund, and the World Trade Organization are institutions that support the old globalization, that is, globalization to the American model. I don't mean to say that America is leaving the stage. No, it is not leaving, but this is not the same America as it was in the 1950s-1970s,” Irina Novikova said.

She believes that these international organizations will either be reformed or replaced by new organizations. “This matter has already been discussed with China, in particular, Russia has initiated the establishment of a monetary fund, but within the framework of BRICS, Eurasian integration. In other words, this issue is under discussion,” the economist noted.

“Will our integration grouping [the EAEU and the Union State] survive? There is no other way,” Irina Novikova noted.

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