Russian Foreign Minister Sergei Lavrov addresses his annual press conference in Moscow, capital of Russia, on Jan. 26, 2016. Russia intends to build relationships with western countries on the basis of equality and mutual benefit, and it will no longer yield to external pressure, Foreign Minister Sergei Lavrov said Tuesday. (Xinhua/Dai Tianfang)
Russian Foreign Minister Sergei Lavrov addresses his annual press conference in Moscow, capital of Russia, on Jan. 26, 2016. Russia intends to build relationships with western countries on the basis of equality and mutual benefit, and it will no longer yield to external pressure, Foreign Minister Sergei Lavrov said Tuesday. (Xinhua/Dai Tianfang)

“It is time that Washington realize the futility of its sanction policy and the risk of the entire confrontation course with Russia. We reserve the right to retaliate with means we believe to meet Russian interests,” the ministry said in an online statement.

Russian Foreign Minister Sergei Lavrov addresses his annual press conference in Moscow, capital of Russia, on Jan. 26, 2016. Russia intends to build relationships with western countries on the basis of equality and mutual benefit, and it will no longer yield to external pressure, Foreign Minister Sergei Lavrov said Tuesday. (Xinhua/Dai Tianfang)
Russian Foreign Minister Sergei Lavrov addresses his annual press conference in Moscow, capital of Russia, on Jan. 26, 2016. Russia intends to build relationships with western countries on the basis of equality and mutual benefit, and it will no longer yield to external pressure, Foreign Minister Sergei Lavrov said Tuesday. (Xinhua/Dai Tianfang)
“While systematically dismantling the framework of bilateral relations, the U.S. should take into account that such actions undermine the possibility of cooperation on key international problems that they regularly request we to help solve,” the statement said.

Earlier in the day, Kremlin spokesman Dmitry Peskov expressed regret over Washington’s decision to extend sanctions against Moscow.

On Wednesday, U.S. President Barack Obama extended for another year the sanctions slapped on Russia on March 2014 over Moscow’s alleged interference in Ukraine crisis.

Denying such allegations, the Russian side repeatedly criticized the Kiev government over failure and unwillingness to fulfill the Minsk accords and to peacefully solve the crisis.

Source: Xinhua

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