Appeal “for paradigm shift towards a truly democratic global model” Vladimir Putin said on Thursday according to TASS.

According to the Russian president, “such a change in the global economic landscape, where new leaders come to the fore, is an objective and largely natural process.”

“Russia would like to create one truly democratic global model”, said Vladimir Putin.

“As for us, we would like to create a new model, a truly democratic model, where true and fair competition between all economic actors will prevail,” the Russian leader said, addressing a forum according to TASS.

According to him, “such a change in the global economic landscape, where new leaders come to the fore, is an objective and largely natural process.”

History is full of examples of this, Putin added. One begins to develop and then disappears and is replaced by new leaders. It happens “all the time and in all areas”. “This is what is happening in the global economy today” argued the Russian president, leaving spikes for the West.