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Sunday, April 28, 2024

Globalization destroyed: G20 meeting in Bharat signals the death of Western multilateralism

“Globalization destroyed: G20 meeting in Bharat signals the death of Western multilateralism”, RT, September 7,2023:

“Multilateralism, already under threat to the extent that the UN General Assembly devoted its 75th anniversary session in 2020 to “reaffirming our collective commitment” to the principle, is facing further erosion consequent to the breakdown of relations between Russia and the West and the mounting of serious tensions between the US and China, in which Europe is tentatively joining.

Globalization, anchored essentially in multilateralism, is being reversed. Already under stress as a result of the Covid pandemic, the global economy is under more pressure from the continuing conflict in Ukraine, including the unrestrained use of sanctions as a policy instrument by the West to achieve political objectives against its designated adversaries.

Undertaken without concern for the disruption caused in normal exchanges between third countries, unilateral sanctions violate the logic of multilateralism…..”

Read the full article at RT.com

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