“I’m sure that the situation will develop in a sober way,” he added.
“Creating closed trade [blocs] will not benefit the global economy,” Putin said, stressing that “regional unions must follow universal rules.”
“My view has not changed. Moreover, I said that Russia believes that one of the factors contributing to the restoration of global economic growth is the development of global trade. And global trade cannot effectively evolve without the free movement of goods, capital and labor,” he added.
“As far as the upcoming OPEC meeting is concerned and our position, it remains unchanged and we have said it many times already: We are ready to freeze oil production at the level, at which it is now,” Putin said.
“I cannot say with 100 percent certainty if the agreement [to freeze oil production] will be reached, but there is a huge possibility,” Putin said, stressing that Russia “will, for its part, do everything what our OPEC partners expect from us to do.”