Russian President Vladimir Putin is holding a press conference in Singapore after his participation in the 13th East Asia Summit (EAS) and the Russia-ASEAN summit، sputnik news reported.
Any politically-motivated restrictions in the economy are a hindrance and hurt everyone، including those who introduce them، Vladimir Putin said at a press conference in Singapore.
No sanctions can stop cooperation between Russia and the ASEAN countries and the development of their economies، Vladimir Putin added.
Russia is ready to work with Japan to resolve controversial issues، Vladimir Putin stressed.
Putin stressed that Russia's non-participation in WEF in Davos will not affect country's economy. Such platforms as the Davos forum are useful، but they should bring people closer to each other beyond the political sphere، he added.
Those imposing restrictions on Russian businessmen's participation in WEF impose them against themselves، Vladimir Putin said.
Vladimir Putin had a brief meeting on Thursday with US Vice President Mike Pence on the sidelines of an international conference in Singapore.
The EAS has brought together the Association of Southeast Asian Nations (ASEAN) member states and the organization's partners — Australia، China، Japan، India، New Zealand، Russia، South Korea and the United States.