Economics

Putin Backs Away from Georgia Confrontation After Sanctions Call

  • President rejects parliament’s call for new economic penalties
  • Tensions surged after violent protests against Russia lawmaker
Vladimir PutinPhotographer: Andrey Rudakov/Bloomberg
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Russian President Vladimir Putin stepped away from escalating conflict with neighboring Georgia, rejecting calls from parliament to sharply ratchet up economic sanctions amid anti-Kremlin protests.

“As for various kinds of sanctions against Georgia, I would not do it out of respect for the Georgian people,” Putin told reporters Tuesday in televised comments in Yekaterinburg. “For the sake of restoring full-fledged relations between Russia and Georgia, I would not do anything that would complicate our relations.”