Kerry says Russian troops withdrawing from Ukraine

Image
AFP Paris
Last Updated : Oct 15 2014 | 1:30 AM IST
US Secretary of State John Kerry today said that Russian troops were withdrawing from Ukraine, one of several key steps needed for Western sanctions to be lifted against Moscow.
"There are four to five principal requirements with respect to lifting the sanctions: release of hostages, release of all prisoners, is one; the withdrawal of the forces troops and equipment is another," Kerry said after a meeting with his Russian counterpart Sergei Lavrov in Paris.
"And at this point... Many of them are happening now, the troops are pulling back, the heavy equipment still has to be pulled back and the border is yet to be properly monitored and secured."
Lavrov tried to impress on Kerry his view that tough Western sanctions on Russia were eroding hopes of an economic recovery in Europe and straining Washington's own ties with Brussels.
"We do not know who is losing out more in economic terms: Russia or the European Union," Lavrov said shortly before flying to Paris.
Russian President Vladimir Putin -- due to meet Poroshenko in Milan on Friday -- had boosted Lavrov's hand by calling back from the Ukrainian border 17,600 soldiers he had stationed there when Kiev's forces were making their most significant gains this summer.
The sanctions have cut Russia's access to Western money markets and forced its biggest state companies to appeal for massive rescues that will further limit the government's ability to meet its social commitments.
They also threaten to tip Russia into recession and ensure that growth remains anaemic through the remaining four years of Putin's third term.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 15 2014 | 1:30 AM IST

Next Story