Putin and Obama agree standoff not in their interest: Kremlin

Russian President Vladimir Putin walks past the monument dedicated to the Heroes of the World War I, with the words reading "To the Heroes of the World War I", during a ceremony to make the 100th anniversary since the beginning of the war, in Victory Park, in Moscow, Russia, Friday, Aug. 1, 2014. (AP Photo/Yuri Kochetkov, Pool)

MOSCOW: Russian President Vladimir Putin and his US counterpart Barack Obama agreed during a phone call on Friday the current standoff in Ukraine was not in the interest of their countries, the Kremlin said.

"The presidents agreed that the current situation is not in the interests of either country," said a Kremlin statement, while Putin characterised Western sanctions as "counterproductive, causing serious damage to bilateral cooperation and international stability overall."





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