(2 Oct 2014) Russian President Vladimir Putin said his country is unconcerned about international sanctions' consequences, and will offer support to sectors of the economy that have been hit by them.
Putin said on Thursday the sanctions, imposed by the United States, the European Union and others over Russia's role in the Ukraine conflict, violate basic principles of the World Trade Organisation and obstruct international economics.
Putin, who was speaking to a major investment forum, added "we regard this calmly".
The ruble has fallen sharply as the sanctions have taken hold and Russian companies are severely restricted from borrowing on Western capital markets.
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