Switching over to EU trade standards will cost Ukraine €165 billion over the next 10 years, Russian President Putin warned at a meeting with President Petro Poroshenko in Minsk on Tuesday. Moscow has long warned Kiev that signing the Association Agreement (AA) with the EU would be economic suicide, whereas Moscow is also poised to suffer a €2 billion blow, according to Putin. [...]

Russian and Ukrainian leaders have concluded their first official face-to-face meeting in Minsk during which they discussed Ukraine's Association Agreement with EU and the crisis and humanitarian disaster in the east of the country. Russia will do everything to facilitate a peace process in Ukraine, President Putin told the press following the 2-hour talks, which he described as “positive.” [...]

Russian President Vladimir Putin has arrived in Minsk for talks with the leaders of the member states of the Eurasian Customs Union, Ukraine and representatives of the EU. Putin could also hold a bilateral meeting with Petro Poroshenko, the Kremlin said. Putin and Poroshenko greeted each other with a handshake as they met in the Belarusian capital at the start of talks on the Ukrainian crisis. [...]

Divided by mistrust and mutual recriminations, the Russian and Ukrainian leaders will hold rare talks on Tuesday that offer only a slim hope of progress towards ending five months of separatist war in Ukraine. Since Vladimir Putin and Petro Poroshenko last met on June 6 in France, Ukraine has turned the tide of the conflict and largely encircled pro-Russian rebels holding out in two cities in t [...]

Russia doesn't want to escalate tit-for-tat sanctions with the West, but is ready to do whatever is necessary to protect its legitimate interests, including those of national security in all its dimensions, Russia's FM told The Daily Telegraph. Peace in Ukraine can only be attained through a broad national dialogue that includes all regions and its terms cannot simply be dictated by a “govern [...]

With heavy fighting underway in south-eastern Ukraine, the distribution of humanitarian aid from Russia has started in the city of Lugansk, which is besieged by the Kiev forces. The first 12 points distributing food have already begun working. The minimum offering includes rice, buckwheat and sugar, three canned meats, a packet of tea and 10 liters of water, Novorossiya news agency reports. [...]

Russian Foreign Minister Sergey Lavrov has announced plans for a second humanitarian convoy to be sent to eastern Ukraine, urging foreign actors and agencies to participate in continuing efforts at relieving the crisis. Failure to do so would constitute a violation of international law, he warned. [...]

The €125 million in emergency EU support to its food producers may not be enough to cover the damage, as some estimates have it more than a hundred times higher. On Monday, the European Commission announced €125 million in emergency funding for European farmers hit by the Russian trade ban [...]

Further delays in the delivery of Russian aid to eastern Ukraine, which is facing a humanitarian disaster, would have been unacceptable, President Vladimir Putin has said in a phone call with German Chancellor Angela Merkel. “Given the obvious protractions by Kiev on the issue of the delivery of Russian aid to southeast regions of Ukraine, which are suffering a humanitarian catastrophe, a dec [...]

Moscow has accused Kiev of placing political interests above humanism, adding that it is confident it made the right decision to order a convoy with Russian humanitarian aid to proceed to the conflict zone without waiting for further Ukrainian permission. The Russian aid convoy on Friday finally reached Lugansk in eastern Ukraine, which has been devastated by repeated shelling. White Kamaz truc [...]

Russia’s consumer watchdog has shut down four McDonald's restaurants in central Moscow – including the first-ever outlet in the country – over “administrative violations.” More of the company 430 Russian franchises are under investigation. “Multiple violations of sanitary norms were detected in the sourcing of food and waste disposal in McDonald’s restaurants during inspections ca [...]

Switzerland has said it will not re-export European agricultural products to Russia that now can't get access to the country's market. “We have had requests from European countries, including the producers of fruits, vegetables, dairy products and meat, but we didn’t give permission to have their products imported to Switzerland and then exported to Russia,” as ITAR-TASS quotes Jurg Jordi [...]

OSCE observers stationed at two Russian border checkpoints, the Ukrainian counterparts of which are controlled by the Ukrainian military, have not witnessed any movements of weapons across the border. The monitors did witness young people “dressed in military style” moving across the border into Ukraine, Paul Picard, acting chief observer of the OSCE Mission, told journalists. However, all [...]

Russian President Vladimir Putin and his Ukrainian counterpart, Petro Poroshenko, will meet on August 26 in the Belarusian capital, Minsk, the Kremlin said. The talks will take place as part of a meeting between the heads of states of the Customs Union of Russia, Belarus and Kazakhstan with the Ukrainian president and representatives of the European Commission. [...]

Russia and China plan to increase technology cooperation, with Moscow set to increase exports of software in exchange for data storage, Russia's Communications Minister said. Nikolay Nikiforov, head of Russia's Ministry of Communications, announced via Twitter that Russia and China have agreed to increase the supply of Chinese servers and storage systems and production in Russia, and to boost t [...]

All operations on Russia's Gazprom-led project South Stream have been suspended, as they do not meet the requirements of the European Commission, Bulgaria's Ministry of Economy and Energy said on its website. “Minister of Economy and Energy Vasil Shtonov has ordered Bulgaria’s Energy Holding to halt any actions in regards of the project,” the ministry said. This specifically means enterin [...]

Some European food producers have reportedly asked Switzerland to provide an alternative supply corridor for goods embargoed by Russia. The agriculture import ban imposed by Russia does not apply to Switzerland as it is not an EU member. [...]

Seventeen Ukrainian soldiers crossed into Russia's southern Rostov region on Saturday and laid down their arms after fleeing the fighting, Russia's Federal Security Service (FSB) said. “It happened this morning,” Nikolay Sinitsyn, the official regional representative of the FSB, told RT. “They were provided with food, and they’re safe here. We’re carrying out a probe.” [...]

As Moscow banned food imports from the West, Turkey voiced its readiness to increase its exports of agricultural products to Russia, Turkish economy minister has said. “Turkey is a major supplier of food and agricultural produce to Russia. It is ready to increase its food exports to Russia if necessary,” Turkish Economy Minister Nihat Zeybekci said in an interview with Itar-Tass. [...]