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''Russia is in favor of an open and rules-based trade order to boost global growth, and sanctions imposed against Moscow are a "covert form" of protectionism'', President Vladimir Putin was quoted as saying on Thursday ahead of a G20 summit in Germany, Reuters reported.
"I'm convinced that only open trade relations based on uniform norms and standards can stimulate growth of the global economy and support a progressive development of intergovernmental relations," Putin wrote in a guest article published in German business daily Handelsblatt on Thursday.
Putin said that protectionism was becoming widespread and a behavioral norm. "And unilaterally imposed and politically motivated sanctions on investment, trade and, in particular, technology transfer become its covert form," Putin said.
"In our opinion, such sanctions not only have no perspective, but they also contradict the G20 principles for interacting in the interests of all countries of the world."
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Recent developments in the Ukraine-Russia conflict have heightened concerns about the potential for further escalation and the devastating impact on both nations and the broader international community
In a recent statement, Russian Deputy Foreign Minister Sergei Ryabkov issued a stern warning to Poland, asserting that any permanent deployment of NATO nuclear weapons on Polish soil would render the country a military target for Russia.
Reports confirm that Ukraine has deployed long-range ballistic missiles provided by the United States in secret, targeting Russian forces in occupied territories
Russia has declared its intention to repatriate 48 deported Ukrainian children to their families, according to Maria Lvova-Belova, the Russian Commissioner for Children's Rights
United Nations resolution aimed at halting the arms race in space, proposed by the United States and Japan, failed to pass the UN Security Council due to Russia's veto, Reuters and DPA reported
As Russia prepares to mark Victory Day, commemorating the Soviet Union's triumph in World War II, festivities are set to be scaled back for the second consecutive year due to security threats linked to the war in Ukraine and recent acts of terrorism
In a recent statement, Russian Deputy Foreign Minister Sergei Ryabkov issued a stern warning to Poland, asserting that any permanent deployment of NATO nuclear weapons on Polish soil would render the country a military target for Russia.
As Russia prepares to mark Victory Day, commemorating the Soviet Union's triumph in World War II, festivities are set to be scaled back for the second consecutive year due to security threats linked to the war in Ukraine and recent acts of terrorism
Defense Minister Sergei Shoigu announced today that Russia will escalate strikes on Ukrainian storage bases housing weapons supplied by Western nations
Russian Foreign Minister Sergey Lavrov has issued a stark warning, stating that the West is on the brink of a direct military clash between nuclear powers, with potentially catastrophic consequences
The Ukrainian Armed Forces have dealt a severe blow to Russian military installations in the temporarily occupied Crimea peninsula
Russian peacekeeping forces have initiated their withdrawal from Nagorno-Karabakh following Azerbaijan's reclaiming of the disputed region from Armenian separatists last year, as confirmed by the Kremlin
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