29 Oct 2014 13:57

Russian authorities reviewing Rosneft's proposed reaction to Western sanctions - Belousov

NOVO-OGARYOVO. Oct 29 (Interfax) - Russian presidential aide Andrei Belousov said he had received proposals from Rosneft on how to react to Western sanctions, and these proposals are being reviewed.

"I would say that the radicalism of the proposals for now exceeds the sharpness of today's situation," Belousov told journalists on Wednesday.

"We are in the process of studying [the proposals]," he said.

Commenting on Rosneft's proposals, Economic Development Minister Alexei Ulyukayev said: "It's a very complex document, complexly formulated. I don't think it is grounds for making any decisions."