Russian Federation may consider liberalizing gas exports to Europe, says Putin

French President Emmanuel Macron speaks during the presentation of the French government's plan for the country's most deprived areas at the Elysee Palace in Paris

Russian Federation may consider liberalizing gas exports to Europe, says Putin

Earlier in the day, speaking at an annual economic forum, Putin sharply criticized Trump's decision to pull out of the Iranian nuclear deal, saying it could trigger unsafe instability.

The Kremlin leader said that a combination of sanctions, trade barriers and a lack of trust was hugely unsafe.

Putin on Friday met with a dozen of the world's major news agencies for a closed-door event on the sidelines of the Saint Petersburg International Economic Forum (SPIEF 2018).

The French leader said he had a duty to keep working with the USA president, describing his relationship with Trump as strong even if there are also "issues on which we have differences".

Moscow's hopes for better ties with Washington under Trump have fizzled amid investigations into alleged collusion between Trump's campaign and Russian Federation.

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As he sat alongside Putin, Macron referred repeatedly to the need to establish "European financial sovereignty" - a jab at European economies' reliance on the US financial system.

Macron, who had traveled to Washington in an unsuccessful bid to persuade Trump to keep faith with the Iran deal, did not explicitly criticize the US leader.

Putin accused the United States of undermining global trade rules by using sanctions as a weapon in its drive towards protectionism.

He also suggested that Trump might have won a few points domestically by exiting the Iran deal.

Putin and French President Emmanuel Macron launched a joint defence of the Iranian nuclear deal on Monday but expressed differences on how to move forward as Trump weighs up whether to scrap it.

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"Don't you worry, we will help ensure your security", Putin said.

During the forum in St. Petersburg today, Putin also said that he is not planning to cut off the transit of Russian gas to Europe via Ukraine and was ready to talk to Ukraine on the issue that has been straining the energy relations between the two countries.

Japanese Prime Minister Shinzo Abe also spoke at the forum and called for closer cooperation with Russian Federation.

The U.S. and its allies have hit Russian Federation with several waves of sanctions that badly hurt its economy. "The system of multilateral cooperation, which took years to build, is no longer allowed to evolve".

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