7 Jun 2018 13:38

Putin sees sanctions as means of deterring Russia as competitor, says this policy is wrong

MOSCOW. June 7 (Interfax) - The sanctions and the anti-Russian campaign are attempts to eliminate Russia as an economic competitor, Russian President Vladimir Putin said.

Many countries are increasingly convinced that such actions are counterproductive and ineffective, he said.

During his Q&A session, the president was asked how long accusations will continue to be made against Russia.

"It's a way of deterring Russia, just like the infamous sanctions. These endless accusations create a foundation for the use of deterring measures. That's what those who use such methods in working with Russia think. Why is that done? Because they see Russia as a threat, they see that Russia is becoming a competitor for them," Putin said.

"This policy is very wrong," he said.

"No one should be deterred, including Russia; one should establish constructive interaction, and then the total effect for the global economy will only be positive. And our partners are finally beginning to understand that. In many countries, they are now talking on a political level about the need to build normal relations," Putin said.

"Every country has its own interests, but they should not be secured using selfish policy methods, including in the sphere of the economy," he said.

"Many of our partners are beginning to understand that. I hope this process picks up speed," Putin said.