Ultra-loose monetary policies followed by major central banks have failed to bring about recovery.
The foreign ministry said the sides focused on ways to quickly halt fighting and establish Ukraine’s control over its border with Russia .
Donetsk People’s Republic’s Dy Premier Andrei Purgin urged Kiev to “immediately conclude such an agreement” with the rebels.
The two leaders agreed that their preference remains a bilateral ceasefire, fully supported by Russia.
Relations between Russia and the U.S. have deteriorated as the two countries have struggled to find common ground in Ukraine.
Russia insisted that the week-long unilateral ceasefire that Poroshenko ordered on Friday be extended over the long term.
Russia pressures Ukraine for abiding the Geneva agreement. Plans to submit a draft resolution to UN Sec. Council.
The roughly 15-minute conversation on the sidelines of a lunch for world leaders in France was casual and didn’t rise to the level of a formal bilateral meeting.
In March, US and its most important allies retaliated for Putin’s military occupation and subsequent annexation of Ukraine’s Crimean Peninsula.
Rebels shot down a military helicopter amid heavy fighting around Slovyansk killing at least 12 soldiers.
This will be Putin’s first meeting with the head of government or state of a major Western power since Russia’s annexation of Crimea.
For China, the implied price is crucially below the Asian cost of importing liquefied natural gas (LNG), an alternative energy source it is developing.
US warned Russia of new sanctions if the Kremlin and its allies disrupts Ukraine’s presidential elections.
‘Victory’ for pro-Russian separatists threatens to push Ukraine to the brink of civil war.
A total of 61 people are now on the EU’s sanctions list over Ukraine crisis.