Putin urged the international community to search for mutually acceptable solutions to outstanding issues and called the sanctions imposed on Russia by the United States, EU, Japan, Australia, and a number of other states illegitimate.
"Such pressure not only causes direct economic damage, but also threatens international stability," Putin said.
Putin said he hopes common sense will prevail.
"We call to abandon the distorted logic of restrictions and threats and to search for mutually acceptable solutions to outstanding issues," Putin added.
"Attempts to use the language of ultimatums and sanctions in talks with Russia are absolutely inadmissible and have no chance for success," the president said.
He also said that "the heads of leading western companies operating in Russia express their concerns over the sanctions and reaffirm their willingness to continue cooperation with their Russian partners.".
Russia appreciates the independence of Turkey, which has refused to join the sanctions, Putin said in the interview.
“Our Turkish partners refused to sacrifice their interests for somebody else's political ambitions. I consider that to be a really well-weighed and far-sighted policy,” Putin said.
“We highly value independent decisions by Turkey, including on economic cooperation with Russia. Our Turkish partners refused to sacrifice their interests for somebody else's political ambitions. I consider that to be a really well-weighed and far-sighted policy.The position of your government opens up new opportunities for increasing bilateral trade. First of all, it allows the Turkish farmers to fill in the emerging niches on Russia’s huge food market. We welcome their intentions to export more meat, dairy and fish products, vegetables, and fruits to Russia. Hopefully, together we will be able to increase our mutual trade and enhance the quality of investment cooperation for the benefit of the peoples of Russia and Turkey. We have already agreed with Mr. Recep Tayyip Erdogan that we can bring our mutual trade up to $100 billion (in 2013, it amounted to $32.7 billion).