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Russia will stand up against sanctions and ‘provocations,’ says Putin at SCO summit
Russia will stand up against Western sanctions and “provocations.” President Vladimir Putin told a virtual meeting of the Shanghai Cooperation Organisation on Tuesday, a group that also includes China and India.
Putin said Moscow planned to boost ties with the group and supported the transition to settlements in local currencies in foreign trade. He also warned that the potential for conflicts and the risk of a global economic crisis were on the rise.
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Formed in 2001 by China and Russia, with former Soviet central Asian states as members and joined later by India and Pakistan, the eight-member SCO is a political and security group that seeks to counter Western influence in Eurasia.
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