Putin says U.S. revamp of missile plans positive
Russian Prime Minister Vladimir Putin said Friday that the U.S. decision to scrap its anti-missile plans in Eastern Europe has positive implications, Xinhua reported.
The U.S. decision to overhaul its missile shield plans was "correct and brave," Putin said at an investment forum in Sochi, Russian news agencies reported.
"I expect that this correct and brave decision will be followed by others, including the complete removal of all restrictions of high technology transfers to Russia and more active efforts to enlarge the World Trade Organization to include Russia, Kazakhstan and Belarus," he said.
The Russian prime minister also called for creation of several global reserve currencies, since the current financial turmoil was partly caused by the imbalance of money supply in the United States, compared to the rest of the global economy.
"There is only one solution -- a long-term agreement on common rules or on several global reserve currencies," he was quoted by the RIA Novosti news agency as saying.
Putin also noted that this would not harm the U.S. interest.
"To my mind this poses no threat to the U.S. economy, which would only benefit from it in the future," he said.
U.S. President Barack Obama announced Thursday to abandon the controversial missile defense shield program in Eastern Europe, saying a "new approach" will be deployed to guard against missile threat from Iran.
Obama's predecessor George W. Bush and his administration planned to deploy 10 missile interceptors in Poland and a radar system in the Czech Republic as part of its European missile shield to prevent the European allies from missile threat by some "rogue states."
Russia strongly opposes the measure, saying it poses threat to its security.
Hours later on Thursday, Russian President Dmitry Medvedev said in a televised speech that Russia values the responsible attitude of the U.S. president to scrap the missile shield plans, and is "ready to continue dialogue."