President Vladimir Putin said on Thursday he was certain that Russia and Ukraine could reach a compromise following Moscow's annexation of Crimea, saying the neighbors had a huge number of common interests, Reuters reported.
"I'm sure we will come to a mutual understanding with Ukraine. We will not be able to do without each other," Putin said in a televised call-in with the nation.
A change of power took place in Ukraine on February 22.
The Verkhovna Rada (parliament) of Ukraine ousted President Viktor Yanukovych from the power, changed the constitution and scheduled presidential elections for May 25.
Yanukovych said he was forced to leave Ukraine under the threat of violence, and he remains the legally elected head of state.
A number of provinces in eastern and southern Ukraine, as well as the Crimea did not recognize the legitimacy of the Rada and decided on possibility of holding a referendum on the future fate of the regions.
The vast majority of residents of Crimea - 96 percent - voted to secede from Ukraine and join Russia, in a referendum held March 16.
With the exception of Russia most countries refused to recognize the referendum and its results.
On March 18, Russia and Crimea signed an agreement on Crimea as well as Sevastopol city joining the Russian Federation.