MOSCOW, December 17. The Russian President Vladimir Putin predicts the deterioration of economic relations with Ukraine in the coming year.
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“From 1 January, unfortunately, we expect a deterioration of economic relations with Ukraine, as they have to make a decision that will not with Ukraine to work as a member of the free trade area of the CIS”, – he said at a press conference.
Russia is not going to impose against Ukraine, any sanctions, but in connection with the termination of the agreement on free trade zone with Ukraine it will not have privileges and preferences, he said.
“We are not going to impose on Ukraine any sanctions. I want it to be heard,” he said. “We are moving on to the most favoured nation treatment in trade”, – said the President.
It comes to that, Putin said that “Ukraine can not be put in a less favourable position than any other partners (Russia) to the outside, but, of course, no benefits and preferences Ukraine in trade with Russia January 1, 2016 will not use”.
In practice, according to the head of the state, this means that if today in trading in Russia and Ukraine there is a zero rate, then after 1 January will be “the weighted average tariff of 6%”. “3%, 8%, 10%”, – he said.
“It is not our choice, we fought to prevent this from happening, but we didn’t want to hear”, – said Putin. “But we will work in those conditions, which develop”, he concluded.
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Big press conference of Vladimir Putin. Text translation
