Russian President Vladimir Putin said on Saturday that Moscow stands firmly against trade wars and “fighting without rules” in international commerce.

Russian President Vladimir Putin attends the plenary of the 5th Summit of the Conference on Interaction and Confidence-building measures in Asia (CICA), in Dushanbe, Tajikistan, June 15, 2019. (Photo: VCG)

“Unfortunately, (some nations) are fighting without rules, (they) intimidate and eliminate competitors through non-market means,” 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.

Putin pointed out that there are “genuine trade wars” going on all across the world, and it is crucial to “find the way out of this situation” and “establish rules of fair economic cooperation.” 

(Compiled by Qiao Wai)