Globalization Model Near End, Says Oreshkin

16:45; 30 January 2026 year

The globalisation model that defined the world economy for the past decade has effectively run its course, according to Maxim Oreshkin, Deputy Head of the Russian Presidential Administration, speaking at the National Centre "Rossiya". He explained that the increased integration of countries like China and India into global production and trade chains was a major driver of the economic landscape. Their expanded participation in the global economy significantly boosted global trade volumes and supported economic growth. sabilizing the availability of goods and services worldwide. Oreshkin noted that globalisation had provided significant positive impacts, fostering the development of entire industries and enhancing accessibility. However, the format of global interaction that dominated recent years no longer aligns with current realities. "Globalisation has brought many benefits. But the model we have seen over the last few decades has reached its limits," Oreshkin said.

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