The Russian President Vladimir Putin has warned that sanctions imposed on his country by the EU and US will negatively affect the global economy.
Speaking during an interview in Brisbane, ahead of the G20 summit, Putin said it would be "pointless" to raise the issue at the meeting, adding that the sanctions were illegal and harming not only Russia but also global trade.
"This contradicts international law, because sanctions can only be imposed within the framework of the United Nations and its Security Council," he said.
"This is harmful, and of course is doing us some damage, but it's harmful for them as well because, in essence, it's undermining the entire system of international economic relations," he continued.
"I believe it's a mistake, even from the point of view of their geopolitical interests."