29 Apr 2014 23:37

Putin: No need for Russia to retaliate with sanctions

MINSK. April 29 (Interfax) - Russian President Vladimir Putin believes there is no need for Russia to impose its own sanctions on the EU and the U.S. in response to their sanctions against Russia but warns of their possible consequences for Western companies' presence in the key sectors of the Russian economy.

"The government has already proposed some response steps, and I think there is no need for this. But if something of the sort continues, we will certainly have to see carefully who works in the key sectors of the Russian economy and how, including in the energy sector," Putin said in taking questions from journalists following a meeting of the Supreme Eurasian Economic Council in Minsk on Tuesday.

"We really wouldn't like to resort to any response steps, and I hope this won't be necessary," he said.