The transfer of power is always a test of the constitutional system, a test of its strength.

We are actively preparing a partial privatization of Rosneft itself. It is the best proof that our major plans have remained unchanged. Another example would be one of the largest Russian diamond mining companies in the world. We are privatizing part of our stake in that as well.

I do not remember when I said this [oil production would collapse ], maybe in the heat of the moment, but I do not think I even said it, but I may just not remember it. I was saying that at a certain level of oil prices new deposits will not be explored. That is what is actually happening. However, surprisingly, our oil and gas workers [mainly oilmen] continue to invest.

As for meetings, I think the President-elect [Donald Trump] should be given an opportunity to first form his administration and assume office. Meetings will come next.

Challenging American leadership is not at stake.

Frankly speaking, I could never even imagine that such information would be of interest to the American public or that the campaign headquarters of one of the candidates - in this case, Mrs. [Hillary] Clinton - apparently worked for her, rather than for all the Democratic Party candidates in an equal manner. I could never assume that anybody would find it interesting.

However, the 1956 agreement refers to two islands while the Prime Minister [Shindzo Abe] is talking about four islands.