He stated this during his speech at the plenary session of the VI summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA).

“Like many of our partners in Asia, we believe that it is necessary to launch a revision of the principles of the global financial system,” Putin said.

The current global financial system allowed the "golden billion" on the planet to live at someone else's expense, he stressed. 

“As a first step, we see a more active use of national currencies in mutual settlements,” Putin suggested.

Earlier, the Minister for Energy and Infrastructure of the Eurasian Economic Commission, Arzybek Kozhoshev, said that most of the EAEU countries had agreed to switch to paying for gas in rubles.