Russia has long recognized the borders of today's Ukraine. By and large, we have completed our talks on the border. Now we have to deal with the demarcation, but this is a technical issue.

The sanctions have nothing to do with our relations with China, because our relations with the People's Republic of China are at an unprecedented high both in terms of their level and substance. They are what we call "a comprehensive partnership and strategic cooperation".

What are we seeking to achieve? We are seeking to optimize budget spending. I believe that even in such uneasy times we employ a very pragmatic approach towards economic and social issues. We do address major social problems and deliver on our promises to our people.

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 am proud of Russia and I am sure that the vast majority of Russian citizens have great love and respect for their Motherland. We have much to be proud of: Russian culture and Russian history. We have every reason to believe in the future of our country. But we have no obsession that Russia must be a super power in the international arena. The only thing we do is protecting our vital interests.

Strictly speaking, Rosneft is not a company. Let us not forget that BP has a stake in Rosneft and BP is a British company.

There is something that I have in common with every citizen of Russia, the love for our motherland.