Asia’s future takes shape in Vladivostok, the Russian Pacific, by Pepe Escobar

Once upon a time the U.S. could have been invited into the ongoing development of Eurasia. That option, unfortunately, is off the table, leaving the U.S. trying to sabotage the Russian and Chinese-led effort. From Pepe Escobar at thecradle.co:

Sixty-eight countries gathered on Russia’s far eastern coast to listen to Moscow’s economic and political vision for the Asia-Pacific

https://media.thecradle.co/wp-content/uploads/2022/09/Putin-on-Vladiviostok.jpg

Photo Credit: The Cradle

The Eastern Economic Forum (EEF) in Vladivostok is one of the indispensable annual milestones for keeping up not only with the complex development process of the Russian Far East but major plays for Eurasia integration.

Mirroring an immensely turbulent 2022, the current theme in Vladivostok is ‘On the Path to a Multipolar World.’ Russian President Vladimir Putin himself, in a short message to business and government participants from 68 nations, set the stage:

“The obsolete unipolar model is being replaced by a new world order based on the fundamental principles of justice and equality, as well as the recognition of the right of each state and people to their own sovereign path of development. Powerful political and economic centers are taking shape right here in the Asia-Pacific region, acting as a driving force in this irreversible process.”

In his speech to the EEF plenary session, Ukraine was barely mentioned. Putin’s response when asked about it: “Is this country part of Asia-Pacific?”

The speech was largely structured as a serious message to the collective west, as well as to what top analyst Sergey Karaganov calls the “global majority.” Among several takeaways, these may be the most relevant:

  • Russia as a sovereign state will defend its interests.
  • Western sanctions ‘fever’ is threatening the world – and economic crises are not going away after the pandemic.
  • The entire system of international relations has changed. There is an attempt to maintain world order by changing the rules.
  • Sanctions on Russia are closing down businesses in Europe. Russia is coping with economic and tech aggression from the west.
  • Inflation is breaking records in developed countries. Russia is looking at around 12 percent.
  • Russia has played its part in grain exports leaving Ukraine, but most shipments went to EU nations and not developing countries.
  • The “welfare of the ‘Golden Billion’ is being ignored.”
  • The west is in no position to dictate energy prices to Russia.
  • Ruble and yuan will be used for gas payments.
  • The role of Asia-Pacific has significantly increased.

In a nutshell: Asia is the new epicenter of technological progress and productivity.

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