We can tell the general public that the gold and foreign currency reserves of the Central Bank are not designed to finance the economy, but rather to ensure foreign trade turnover. Therefore, we need this level to be able to provide the necessary foreign trade turnover for such an economy as Russia's for a period of at least three months.
Vladimir PutinAll we need is good will, and we have to start working in a way that considers each other's interests [with U.S]. In my view, this is a mandatory condition.
Vladimir PutinGiven the cost of borrowings and the $100 billion in Government reserves, there is no reason for us to borrow. We should review the situation carefully. Besides, borrowings are possible, but we must understand what is more profitable at this point.
Vladimir PutinThen there is another area of activity - economic interaction between Russia and the United States. Right now, for example, it has already been made public that we signed a large deal to privatise one of our biggest oil and gas companies, Rosneft. We know for sure that US companies, as well as Japanese ones, by the way, are keenly interested in cooperation in Russia's oil and gas sector, in joint work. This has immense significance for world energy markets and will directly affect the whole world economy.
Vladimir PutinI think that all countries of the region should join their efforts in the fight against a common threat - terrorism in general and ISIS in particular. It concerns Iran as well, it concerns Saudi Arabia (although the two countries do not get along very well, ISIS threatens both of them), it concerns Jordan, it concerns Turkey (in spite of certain problems regarding the Kurdish issue), and, in my opinion, everybody is interested in resolving the situation. Our task is to join these efforts to fight against a common enemy.
Vladimir Putin