G20 summit: Russia sanctions 'undermine trade' - Putin

BRISBANE - Russian President Vladimir Putin has said that US and EU sanctions will harm not just Russia but the global economy.

He said the sanctions were a mistake, going against trade accords and only the UN had the right to impose them.

The sanctions were introduced over Russia's annexation of Ukraine's region of Crimea and its alleged involvement in eastern Ukraine.

Mr Putin was speaking ahead of the G20 summit in Brisbane, Australia, which is to focus on promoting growth.

World leaders including Mr Putin, US President Barack Obama and Chinese President Xi Jinping are gathering for the two-day meeting.

Australian Prime Minister Tony Abbott said leaders would discuss job creation, identifying tax cheats and strengthening the global economy.

Campaigners also want climate change on the agenda, but Australia has been firm in keeping it off.

Post a comment

Readers are kindly requested to refrain from using abusive, vulgar, racist, tribalistic, sexist, discriminatory and hurtful language when posting their comments on the Daily News website.
Those who transgress this civilised etiquette will be barred from contributing to our online discussions.
- Editor

Your email address will not be shared.