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Putin: There are “genuine trade wars” going on all across the world

15 June 2019 18:42 (UTC +04:00)

"Moscow stands firmly against trade wars and “fighting without rules” in international commerce," Russian President Vladimir Putin has said, APA reports citing Russian Today.

There are “genuine trade wars” going on all across the world, Putin told the Conference on Interaction and Confidence Building Measures in Asia (CICA) in Dushanbe, Tajikistan, adding that restoring trust is essential among all countries.

Unfortunately, [some nations] are fighting without rules, [they] intimidate and eliminate competitors through non-market means.

It is crucial to “find the way out of this situation” and “establish rules of fair economic cooperation,” the Russian president said. “At the very least, social and humanitarian issues should be exempt from trade and economic restrictions, namely essential goods, medicine and medical equipment,” he added.