Then 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 repeat that, in my opinion, the European Commission and the leading European economies are acting very pragmatically and are on the right path.
Vladimir PutinI trust Angela Merkel, she is a very open person. She is also subject to certain constraints and limitations. But she is honestly trying to settle the crisis, also in the south-east of Ukraine. However, what the European Union is doing with those sanctions is nothing but a theatre of the absurd.
Vladimir PutinEquipping one side of an ethnic conflict and then prodding it to resolve its ethnic problems by force of arms is a very bad policy.
Vladimir PutinSome years ago our Japanese counterparts asked us to resume the discussions of the issue and so we did meeting them halfway. Over the passed couple of years the contacts were practically frozen on the initiative of the Japanese side, not ours. At the same time, presently our partners have expressed their eagerness to resume discussions on this issue [the Kuril Islands].
Vladimir Putin