As to our trade and economic relations with China, they are growing more and more diverse each day, something we have worked on for a long time with our partners from China.

If we had joined efforts some time ago [with U.S], we could have avoided many problems the world is facing now, I believe.

We have good personal relationship with President Obama, our relations are quite frank and business-like. And this is quite enough to do our job.

There is no need for the Russian state to hold such large stakes and we do intend to put our plans into practice. It is not about whether we want it or not, it is about this being practical or not and the best timing. In general, it is practical from at least one point of view - from the point of view of structural changes in the economy.

Of course, it's always bad to lose, of course it's always a hardship when you lose to yesterday's miners or yesterday's tractor drivers. But life is life. It'll surely go on.

Thank God, I think no one is thinking of unleashing a large-scale conflict with Russia. I want to remind you that Russia is one of the leading nuclear powers.

If I said that oil production would collapse I was wrong.