While Putin repeated a litany of accusations against the US, he also seemed to send conciliatory signals by calling for stronger international efforts to fight the Islamic State extremist group, stem the proliferation of weapons of mass destruction, combat epidemics and respond to other global challenges.
Speaking at the St Petersburg International Economic Forum, Putin insisted that Russia wants February's Ukraine peace agreement to succeed, saying that fighting will stop once Ukraine provides broader rights to the rebel regions, amnesties the rebels and calls local elections there.
Commenting on the accusations, Putin said the rebels are defending themselves against the Ukrainian military. He added that "once an attempt is made to solve the problem by political means, those weapons will be gone."
He reaffirmed his long-held claim that Russians and Ukrainians are one people who will have a common future despite the current crisis, while adding that Ukraine has the sovereign right to choose its own path.
Commenting on the US and EU sanctions over Ukraine, which helped push Russia's economy into recession this year, Putin said the West hurt itself with them. He argued that the Russian economy is on the path to recovery, its consumer market seeing a revival.
"They have pushed us back to the line beyond which we can't retreat," he said. "Russia isn't seeking hegemony or some ephemeral superpower status."
But while raising a number of old grievances, Putin said that Russia wants to cooperate with the West in tackling global threats and challenges.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
