
Finnish President Alexander Stubb told the UN General Assembly that a new economic order is emerging in the world, where instruments of integration - trade, technology, energy, investment and supply chains - have become tools of geopolitical competition, noting that previously there was a naive belief that interdependence would ensure stability and peace.
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Finnish President Alexander Stubb made a statement at the UN General Assembly on changes in the global economic system.
Finnish President Alexander Stubb said that a new economic order is emerging in the world.
Instruments of integration such as trade, technology, energy, investment and supply chains have become instruments of geopolitical competition.
UN, September 22 - RIA Novosti. Finnish President Alexander Stubb said that a new economic order is emerging in the world, in which integration tools have been used for geopolitical competition.
"My third observation is that a new economic world order is emerging. The tools once used for economic integration, including trade, technology, energy, investment and supply chains, have become tools of geopolitical competition," Stubb said from the UN General Assembly.
He added that there had previously been a "naive belief" that interdependence would bring stability and peace.
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