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16 August 2022, 13:26

Belarus criticizes West's biased system of economic preferences

Aleksandr Volfovich. An archive photo
Aleksandr Volfovich. An archive photo

MOSCOW, 16 August (BelTA) – The West has created a system where economic preferences are granted to a small number of countries. State Secretary of the Security Council of Belarus Aleksandr Volfovich made the statement at a plenary session of the 10th Moscow Conference on International Security on 16 August, BelTA has learned.

Aleksandr Volfovich said: “In the current situation many countries become targets of purposeful network attacks. Instruments of pressure used by a number of Western countries and based on economic blackmail and coercion play a leading role in it. These illegitimate and thoughtless decisions are meticulously wrapped into slogans of the fight for human rights and freedoms and have been in use for decades.”

The official went on saying: “It is necessary to say explicitly that while pushing for a world globalization model based on allegedly unshakable postulates of unhindered flow of capital, knowledge, technologies, and resources, the West has actually created a world order where the main preferences are enjoyed by a small, privileged circle of certain countries. Political, economic, and humanitarian interaction of states becomes hostage of so-called democratic templates, which are enforced by politicians in Washington and allied European capitals for one goal – to ensure supremacy and domination in international and regional affairs. Manufacturing cooperation chains that took years to establish are promptly severed by Western countries under formal pretenses when the independent policy of some country runs contrary to interests of the Western elite.”

Aleksandr Volfovich stated that the economic war launched by the West had predictably boomeranged on the Western economy. “Colossal losses are being incurred by the private sector and ordinary consumers. Trust in Western financial institutions and currency instruments has been destroyed,” he pointed out. “The list of undesirable countries grows larger every year. The number of sanctions against individual countries has exceeded 1,000.”

Taking part in the Moscow Conference on International Security are over 700 guests, including defense ministers, chiefs of general staffs, delegations of defense ministries, representatives of the expert community from various countries, and representatives of international organizations. Participants of the conference are discussing problems of global and regional stability as well as various aspects of security in Europe, Asia, Africa, the Middle East, and Latin America.

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