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Russian Ex-president Talks Of ‘final Nail’ In Neocolonialism Coffin - Foreign Affairs - Nairaland

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Russian Ex-president Talks Of ‘final Nail’ In Neocolonialism Coffin by BidenDConquerer: 6:05pm On Mar 06, 2023
The headline: Argentina Isolates Russia or Argentina needs Democracy grin


I Biden demands democracy in Saudi Arabia and UAE(Dubai)..no democracy no business grin
Dubai is so undeveloped because there's no democracy..I want Dubai to be as developed as Nigeria grin




Truly sovereign states are no longer afraid of ‘Western diktat,’ Dmitry Medvedev says.

Russia is ready to help the world do away with the vestiges of a Western-dominated colonial past, former president Dmitry Medvedev has claimed. The official argued that as a nation “which has never had any colonies,” Russia is well-placed to take part in this process.

In an article published on Monday, Medvedev claimed that “geopolitical turbulence has cut open an abscess of the old problems of our world.”

The ex-president, who now serves as deputy chair of the Russian Security Council, argued that the “malignant tumor of a colonial past” is a problem that calls for “international surgery.”

He noted that the Soviet Union played a major role in dismantling the colonial system of the 20th century.

“We, together with other countries, can now drive the final nail in the coffin of the Western world’s neo-colonial aspirations,” Medvedev proclaimed in the piece, posted on the United Russia party website.

As an example, the former president cited Argentina’s decision to renounce a 2016 deal with the UK with respect to the disputed Falkland/Malvinas islands in the South Atlantic, which were at the center of a military conflict in 1982.
Another War Is Looming: Argentina Withdraws From Falklands Pact
https://www.nairaland.com/7597244/another-war-looming-argentina-withdraws


On Thursday, Argentinian Foreign Minister Santiago Cafiero said he had notified his British counterpart, James Cleverly, of the move during a meeting in New Delhi, India, on the sidelines of the G20 summit.

Buenos Aires “has proposed to resume negotiations on the question of sovereignty” in compliance with the mandate of the UN General Assembly and the world body’s Committee on Decolonization, Cafiero clarified.


Medvedev argued that the decisions to show French troops the door last year by two former colonies in Africa, the Central African Republic and Mali, fit this pattern too.

Medvedev pointed out, however, that there are still a number of dependent territories around the globe ruled by Western powers, such as the UK and France. He expressed skepticism that those nations will willingly relinquish control of the remains of their former empires.

As more and more countries “stop fearing Western diktat” and start to assert their national interests more actively, the former colonial powers are bound to lose their hold on the regions they once thought were theirs, the ex-president concluded.

Following the start of Russia’s military campaign against Ukraine last February and amid fierce confrontation with the West, top Russian officials, including President Vladimir Putin, have increasingly advocated the establishment of a “multipolar world” which does not center around the wishes of one single superpower.

https://www.rt.com/russia/572540-russian-ex-president-neo-colonialism/

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Re: Russian Ex-president Talks Of ‘final Nail’ In Neocolonialism Coffin by BidenDTrounce: 2:21pm On Mar 07, 2023
BidenDTrounce:
Who wrote this for Buhari? Buhari is not that intelligent.
If it's Tinubu now, I know he's capable of writing this.

Nigeria's Buhari Slams 'Unfair' International Debt Architecture

Struggling with their external debt burden is one of the burning issues for many African countries. Many believe that the problem is that certain countries cannot timely service their foreign debt due to the unfair terms stipulated by international financial organizations, which forces them to seek restructuring in the first place.

Nigerian President Muhammadu Buhari has castigated today's international financial organizations and their "unfair" debt architecture as favoring only advanced nations.
He aligned with the United Nations Secretary-General’s description on the global financial system as an "unfair debt architecture that not only charges poor countries much more money to borrow on the market than advanced economies, but downgrades them when they even think of restructuring their debt or applying for debt relief."

Speaking at the UN Conference of Least Developed Countries held in Doha, Qatar, Buhari called on developed and developing nations to offer duty-free and quota-free market access to the 46 countries mentioned on the UN least-developed countries (LDC) list; most of these countries are African ones.

In line with the UN rules concerning the LDCs, the countries listed should be granted such benefits as preferential market access, technical assistance, aid, and capacity-building on technology.
Buhari went on to shine the spotlight on the mounting debt burden shouldered by least-developed countries and emphasized the need to reform the international financial architecture so that poor countries become its priority.

Given these conditions, the Nigerian leader continued, the possibility for many countries to achieve the Sustainable Development Goals "remains bleak."
The head of state also said the development of poor countries is often impeded by challenges which are outside their hands and beyond their control, and this corroborates the need of countries for assistance in unlocking their economic potential.

Buhari made these statements as Nigeria struggles its foreign debt burden.
According to Finance Minister of Nigeria Zainab Ahmed, the western African country spent nearly 80% of its revenue on servicing its debt between January and November 2022, which amounted to $11.3 billion.
Besides Nigeria, there is a host of African countries grappling with the same problem


According to a 2022 report by the World Bank, more than half of low-income countries of which most are African, cannot meet their obligations on paying foreign debts.
One of the listed countries is Ghana, in Africa’s west, whose foreign debt amounts to 58% of its total $37.4 billion public debt as of October 2022. That said, the country has been trying to achieve its external debt restructuring under the G20 Common Framework.
Along with Ghana, Zambia, in Africa’s south, is also pursuing debt restructuring, because the country is unable to pay its $13.04 billion external debt in a timely manner.

Earlier, Zambian President Hakainde Hichilema lashed out at what he called "suicidal" interest rates comparing them to a "black mamba kiss of death".

Concerning the foreign debt trap problem, many African leaders have repeatedly urged African nations not to deal with international financial organizations due to "unfair" conditions.
For instance, touching upon the external loans of African nations in June 2022, Ghana's President Nana Akufo-Addo urged Africa to stop "begging" the West, emphasizing the key role of the African Development Bank and the Africa Export-Import Bank (Afreximbank) concerning the continent's development.

"If we stop being beggars and spend African money inside the continent, Africa will not need to ask for respect from anyone, we will get the respect we deserve. If we make it prosperous as it should be, respect will follow," he noted.

https://sputniknews.com/20230307/nigerias-buhari-slams-unfair-international-debt-architecture-1108140161.html




ParasiteWest:
There cannot be a right government until the West is put in their place. The interest of the West in developing countries is to make sure the developing countries remain impoverished so the citizens of those countries would find migration to the West for 'greener pastures' attractive where they're then exploited and exposed to modern day slavery. Their intent is to keep the West as a 'paradise' in the minds of the manipulated public. The West influenced the politics of Africa directly/indirectly. The right govt will get the 'Gaddafi treatment'
Re: Russian Ex-president Talks Of ‘final Nail’ In Neocolonialism Coffin by pansophist(m): 3:53pm On Mar 07, 2023
Fun fact. It was after Russia acquired nuclear weapons in the 50's, that the West started giving all their colonies "freedom", do you think it was a coincidence?

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