Vladimir Putin says he's open to talking with Ukraine

Vladimir Putin president of Russia

"We are in a position to deal with it and handle it very well", he said.

So Putin turned elsewhere for attention.

The summit marks a quick return to the worldwide stage for Prince Mohammed after the killing of journalist Jamal Khashoggi in the kingdom's Istanbul consulate.

It was also reported that The Trump Organisation was seeking a deal to build a Trump Tower in Moscow during the time he was running for president and offered Putin a $50 million penthouse apartment.

Yesterday, a top economist from Yale warned the USA "could be entering a Cold War with China" over trade. Ukraine has called for a stronger North Atlantic Treaty Organisation presence in the Black Sea region and for further Western sanctions against Russian Federation. The Group of 7 foreign ministers issued a statement demanding the seamen's release.

"Free shipping into the Sea of Azov to the Ukrainian coast and harbors must be ensured" by Russian Federation, she said.

Poroshenko told France 24 in an interview that Ukraine would try to resolve the standoff diplomatically but insisted Russian forces withdraw from Crimea and return its ships and sailors "captured illegally in the neutral waters of the Black Sea".

The Russian president said bilateral talks with Ukraine are not now held but that contacts between the two countries had not been cut off completely, according to Russia's state news agency Tass.

Speaking to reporters, Putin lamented the lack of a formal meeting.

Isolated by Western democracies, Putin pushed instead to inject new strength into the so-called BRICS grouping of Brazil, Russia, India, China and South Africa.

"The current Ukrainian leadership is not interested in resolving this at all", Putin said.

He wasn't avoiding Western critics, though.

His talks with Putin present an especially tricky task - and may be cancelled at the last minute over Russia's seizure of Ukrainian vessels in the latest episode of a long-simmering military confrontation. Moscow explained such a move by internal political reasons. We might, but we had none, ' he said during a photo opportunity with Prime Ministers Shinzo Abe of Japan and Narendra Modi of India.

"This has been a battle, and battles sometimes make great friendships", Trump said at the start of the signing ceremony.

The White House claimed that the meeting was cancelled because of Russian aggression against Ukraine.

Trump's administration has accused Russian Federation of non-compliance with the 31-year-old Intermediate-Range Nuclear Forces (INF) treaty and has said it will pull out of the deal as a result. Putin strongly denied any Russian breaches of the pact.

There are no plans, the White House says, for Trump to meet with Saudi Crown Prince Mohammed bin Salman, the de facto leader of the oil-rich Gulf kingdom.

There was a risk that the Trump-Putin meeting could have worked out badly for both of them. More anti-Russian sanctions followed and relations soured further.

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