The days when Russia and the United States were in charge of the world are over, says Russian President Vladimir Putin.
China and Germany are on their way to superpower status in terms of political and economic influence.
Putin made his statements, according to Interfax news agency, during a video meeting with a Russian think tank.
He expressed his willingness to discuss global issues with other countries if necessary.
The president expressed the hope that the new US administration will be ready to engage in a dialogue on security and arms control after the election.
Russia’s power has waned after the fall of the Soviet Union in 1989, and the US’s share of the world economy has also declined. Moscow and Washington still have the most nuclear weapons.