Expert: US is destroying the global trading system
Director of the International Institute Alexei Martynov believes that the United States is destroying the global trading system, denominated in dollars, by imposing unilateral sanctions.
The economist said that many countries want to increase trade in national currencies and abandon the dollar, but fear that new restrictions (sanctions) from Washington will follow.
The expert added: “Americans immediately shoot themselves in the foot, thinking that they can maintain the status quo with these repressive methods of threats, blackmail, and somewhere even by force. But in reality, they can’t. “
According to the expert, the leaders of many countries are not satisfied with the dominance of the dollar, “but they are silent, fearing” tough financial sanctions.
He said, “It’s not about who’s bad, but who’s good. The system works when it is available to everyone. And if you exclude a large share of international trade, for example, Russia, then this is no longer a system. This begs the question: who’s next?
Earlier, Russian Foreign Minister Sergei Lavrov, in a television interview, said that the ideas of various countries to increase the volume of trade in national currencies are due to the dollar restrictions imposed by the United States, violating all the limits of decency.
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