Ethiopia: Lavrov meets govt leaders in Addis, attacks global reliance on US dollar

Russia’s Foreign Minister on Wednesday criticized the reliance of the global economy on the US dollar.

Speaking during a visit to Ethiopia, Sergey Lavrov said the reliance on the American currency in supporting the world economy was “not so very promising” and claimed countries were shifting to using alternative currencies “more and more”.

“This process will be gaining momentum,” Russia’s top diplomat said during a press conference in Addis Ababa.

Lavrov also said the globe was living through an “important historical period” and people would have to choose what type of world they wanted to live in.

“A universe, which is based on the United Nations charter, which says that the United Nations is founded on the principle of sovereign equality of states, or we will have the world where the right of force, the right of the strongest dominates,” he said.

During his visit to the Ethiopian capital Lavrov held meetings with the country’s President, Sahle-Work Zewde, and Foreign Minister, Demeke Mekonnen.

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About Cholo Brooks 17479 Articles
Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.

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