Russian President Vladimir Putin stated that the trend of the global economic center shifting toward the Asia-Pacific region provides countries with greater opportunities to build mutually beneficial ties, including within the framework of the Shanghai Cooperation Organization (SCO) and BRICS.

The Russian president’s statement comes in the form of a message addressed to participants, organizers, and guests of the 10th Eastern Economic Forum, which takes place in Vladivostok in September.

The message, published on the Kremlin website, states, “As the center of global economic activity continues to shift towards the Asia-Pacific, new opportunities are emerging to develop mutually beneficial ties among countries across the region, not only through bilateral partnerships, but also within multilateral frameworks such as the SCO and BRICS.” (Agencies)