Lavrov noted the failure of the modern model of globalization

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RIA Novosti

The Minister of foreign Affairs of Russia Sergey Lavrov said that Moscow believes that the current model of globalization fiasco, reports RIA “Novosti”.

He said this, speaking at the forum “Territory meanings.”

“Especially now, this is the model of globalization, including the economic and financial aspects of this club you have built the so — called liberal globalization, it is now, in my opinion, a fiasco,” said the diplomat.

Lavrov stressed that this is obvious, including “for many thinking people directly in the West.”

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