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'No return to Cold War': Medvedev

By Staff
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Google Oneindia News

Moscow, Oct 2 (UNI) Russian President Dmitry Medvedev today said he was certain the world would never again see a Cold War, despite recent tensions between the US and Russia over the conflict in Georgia.

''Perhaps certain parties would like to return to the primitive division of the world into 'right' and 'wrong', into 'us' and 'them','' Medvedev said in St Petersburg at the Russian-German Forum 'Petersburg Dialogue'. German Chancellor Angela Merkel also participated at the Forum.

He added ''In Russia, we are certain that this time has gone forever.'' ''Just as it is impossible to restore the Berlin Wall, it is impossible to return to the Cold War. The world is moving on, and we have to adapt and not remain fixated on the past - it is much more productive to learn lessons from it,'' he said.

Medvedev also warned the world powers against playing the role of mega-regulators in the global financial system, and urged a joint action to overcome the current financial crisis, which he said stemmed from ''financial egoism''.

After his talks with Merkel in St Petersburg, he said the era of US global economic dominance was over, saying the world needed a 'more just' financial system.

UNI XC RSA BST2158

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