New multipolar world order to replace unipolar system: Putin

"The world is in a state of turbulence and is undergoing a radical transformation. An underlying trend however is the fact that the previous unipolar system is being replaced with a fairer multipolar world order," he said on Monday.Putin called this transition an "objective process" which is also "irreversible", Xinhua news agency reported.The President further noted that Russia would continue to pursue an independent foreign policy, and will remain open to constructive partnerships with all countries."Our country has no biased ... hostile intentions towards anyone," he said, adding that Russia rejects any kind of "bloc confrontation", or any decisions that run counter to the principles enshrined in the United Nations Charter.--IANSint/sha

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