MILAN, June 10. /TASS/. Russia is ready to develop bilateral relations with G7 countries but has no ties with the informal group of the world's industrialized nations, President Vladimir Putin said on Wednesday.
"If partners want we will develop relations with any G7 country on a bilateral basis," Putin said after talks with Italian Prime Minister Matteo Renzi.
"We have no relations with G7. What relations can we have?" he said.
"When we were working within this format, we took part in discussions and drafting of documents that are not obligatory," Putin added. "That made sense."
"We presented an alternative viewpoint. Our partners decided that they do not need this alternative viewpoint," Putin said wishing G7 success in its future work.
He recalled that G7 was a kind of an informal club.
Putin said Russia continued working in other organizations. "There are broader formats, for instance, G20," he said.