Overview
- Alexey Overchuk said Russia’s economy has reoriented toward the East and the Global South over the past five to six years.
- He put the current share of trade with non‑Western countries at about 87% in physical terms, up from roughly 40% five to six years ago.
- Overchuk said businesses as well as transport, logistics and financial systems have adapted to serve new partners.
- He argued that the economic weight of Western countries is declining, with actors in the Global South and the East recognizing a larger role for Eurasia and for Russia.
- The remarks were aired on Rossiya 24 and reported by RIA Novosti, which did not present independent corroboration of the statistics.