Tuesday, 18 December, 2018

Russia's Putin would be ready to host G7 in Moscow

Russia's Putin would be ready to host G7 in Moscow Russia's Putin would be ready to host G7 in Moscow
Steven Clarke | 11 June, 2018, 10:05

But Trump on Friday called on world leaders to allow Russian Federation back into the G7, the group of leading industrialized democracies.

The SCO meets this year after Trump controversially pulled Washington out of the 2015 global pact with Iran that placed limits on its nuclear program in return for easing economic sanctions.

Moving onto tariffs, Canada's Prime Minister Justin Trudeau denounced Trump's plan to slap hefty tariffs on steel and aluminum imports on key US trading partners. Russian Federation was kicked out of the G7 after it annexed Ukraine's Crimea in 2014.

"The U.S. president has repeatedly said that it's reasonable to hold such a meeting", he said.

"Things happen", Putin said.

He then pointed out the combined purchasing power of the Russian Federation and China-led Shanghai Co-operation Organisation outstripped the G7 which now includes Britain, the US, Canada, Japan, Italy, France and Germany.

Putin says "Russia welcomes the planned summit of the US and North Korea and notes China's big contribution to helping settle the crisis on the Korean Peninsula".

Reports said the Kremlin has reached out to Austria about hosting a meeting between Trump and Putin sometime this summer.

"Both countries really use their relationship to showcase [that] there is an alternative to the American hegemony, and they've been doing that for a while even before Trump", she said. "We will suspend our participation in the G-8 until Russian Federation changes course and the environment comes back to where the G-8 is able to have a meaningful discussion" the leaders wrote in The Hague Declaration in March 2014.

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While never mentioning the United States by name, he added: "We should reject the Cold War mentality and confrontation between blocs, and oppose the practice of seeking absolute security of oneself at the expense of others, so as to obtain security of all".

On the sidelines of the two presidents'meeting, Iran and China also signed four memorandums of understanding for cooperation in various fields.

He also said the G7 countries had "again" failed to provide any evidence that Russian Federation was behind the poisoning of a former double agent and his daughter in Britain in March.

President Mamnoon Hussain and his Iran counterpart Hassan Rouhani agreed to bolster economic ties between the countries in a meeting held on Saturday in Qingdao, China.

Rouhani noted that Moscow can play an important role in preserving the nuclear deal, known as the Joint Comprehensive Plan of Action, after the U.S.

Earlier on Sunday, Putin criticised the U.S. withdrawal from the Iranian nuclear deal in a speech at the summit.

Putin says Washington's decision to exit the agreement could "destabilize the situation" in the region.

Trump pulled out of the 2015 Obama-era accord last month, despite objections from European allies and other nations.

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