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Video ID: 20140522-037 W/S Conference floor SOT, Alexey Fedorov, Duma deputy (in Russian) "First of all, it is a long-term agreement for the period of 30 years. It implies creating a new economic pattern, anti-American one. The depth of these agreements is yet to be assessed, but in fact we are about to create a new alternative economic world; the world that includes China, India that is willing to join these agreements, the BRICS countries. All that makes up 70 per cent of the entire humanity, in the long view. We shouldn't forget that one of the basic principles of the BRICS group is abandoning the dollar, removing it from reserve and accounting currency status, which means China will switch to these positions, too. All of that means we create an alternative global economy that will put an end to the unipolar world." M/S Female attendants at a table C/U Female attendant SCRIPT Russia: Duma deputy hails alternative global economy At the St. Petersburg International Economic Forum on Thursday, Alexey Fedorov gave his opinion on the recent gas deal signed between Russia's Gazprom and China's CNPC. He said it was part of a movement towards a more multipolar international system. Mr. Federov is a deputy of the Russian State Duma and a member of the United Russia party. He also holds a position on the Russian State Council. Facebook: http://www.facebook.com/Ruptly Twitter: http://twitter.com/Ruptly LiveLeak: http://www.liveleak.com/c/Ruptly Google Plus: http://plus.google.com/111498286331086224967 Instagram: http://www.instagram.com/Ruptly YouTube: http://www.youtube.com/user/RuptlyTV Video on Demand: http://www.ruptly.tv