Lavrov: West uses the dollar to suppress rivals

TEHRAN (Iran News)  Russian Foreign Minister Sergey Lavrov has said that the West uses the dollar to suppress rivals and maintain its dominance in the world.

According to Russian media TASS, Lavrov said that the West is trying by any means to prevent the emergence of a multipolar world and maintain its dominance.

Accordingly, instead of negotiation and fair competition, the US resorts to blackmail, pressure, and sanctions.

The West is also abusing the global role of the dollar and has started a tariff war against everyone, he stated.

None of these actions are related to the West’s legitimate right in the global economy and policy; rather, they are used as tools to suppress competitors, Lavrov noted.

It has now become clear that these competitors have not only become stronger but have in many ways surpassed the West, he stressed.

Earlier addressing the 17th BRICS summit in Rio de Janeiro on July 7, 2025, Lavrov said, “The erosion of the global economic world order has exacerbated as a result of illegitimate unilateral sanctions and use of the dollar as a means of punishment.”

“The trust in the American currency as a formerly reliable payment instrument was undermined,” he added.

Accordingly, instead of negotiation and fair competition, the US resorts to blackmail, pressure, and sanctions.

The West is also abusing the global role of the dollar and has started a tariff war against everyone, he stated.

None of these actions are related to the West’s legitimate right in the global economy and policy; rather, they are used as tools to suppress competitors, Lavrov noted.

It has now become clear that these competitors have not only become stronger but have in many ways surpassed the West, he stressed.

Earlier addressing the 17th BRICS summit in Rio de Janeiro on July 7, 2025, Lavrov said, “The erosion of the global economic world order has exacerbated as a result of illegitimate unilateral sanctions and use of the dollar as a means of punishment.”