Moscow not going to impose sanctions on Ukraine, but will cancel its trade preferences

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Moscow not going to impose sanctions on Ukraine, but will cancel its trade preferences - Putin

MOSCOW. Dec 17 (Interfax) - Russia has no plans to impose sanctions on Ukraine, but it will switch to the most favored nation treatment regime, Russian President Vladimir Putin said.

"We are not going to introduce any sanctions whatsoever against Ukraine. I want everyone to hear it. We will simply switch to the most favored nation treatment regime in trade," Putin said at his annual press conference in Moscow on Thursday.

"Ukraine cannot be put in a worse condition than any other partners of ours from the outside, but, certainly, Ukraine will not have any preferences in trade with Russia starting on January 1, 2016," he added.