All right, Alexander, let's just get into it. Putin, Valdai.

Before you actually break down what Putin said at Valdai, which I thought it was pretty amazing,

the stuff that he said, just give us a quick background on the importance of Valdai.

Yeah.

And then we can get into what Putin said.

Just real quick.

Just why is Valdai important?

Well, Valdai is important because it enables people from the West and around the world,

not just the West, by the way, from around the world to actually meet with Putin and speak to him personally.

And of course, also people from Russia.

Of course, Russians have other opportunities for interaction.

But Valdai is a place which has been set up as a conference.

It's a place where there's a think tank as well, but it holds this conference and at that conference,

you can meet, you know, people are selected, they can meet with Putin, they can interact with him,

they can ask him questions. These are not journalists, these are people, you know, for academics,

ex-diplomats, people from the West, people from the global south from all over the world.

And at the same time, other members of the Russian leadership are also there.

It's the highest level point of contact between the outside world and Russia.

And it's where the Russians set out and explain their policies,

where the Russians also take soundings.

It's an extremely important place and there's lots of interactions.

The Japanese were there, the Indians were there,

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