Russian President Vladimir Putin addressed the members of the Moscow Security Conference.

APA reports with reference to TASS that he said that the hegemony of the West has ended.

"The West wants to stop any alternative ways of development in order to keep the hegemony out of its hands.

The collective West is purposefully destroying the European security system.

He said.

The Russian President also touched on the ongoing war in Ukraine.

"The US wants to prolong the conflict in Ukraine.

At the same time, they are inciting potential conflicts in Asia, Africa and Latin America.

Putin called House Speaker Nancy Pelosi's visit to Taiwan a planned provocation.