August 26, 2014 / 12:50 PM / 3 years ago

Russia's Putin says military escalation won't solve Ukraine crisis

MINSK, Aug 26 (Reuters) - Russian President Vladimir Putin said on Tuesday the crisis in Ukraine could not be solved by a further military escalation or without dialogue with representatives of the country's Russian-speaking eastern regions.

He also said the Russian economy could suffer a loss of some 100 billion roubles (2.77 billion US dollar) if European goods reach the Russian market via Ukraine after Kiev signed a trade pact with European Union.

He said that Moscow would retaliate with trade measures if that were to happen. He said that Belarus and Kazakhstan, Moscow's partners in a customs union, would also be affected. (1 US dollar = 36.0675 Russian rouble) (Reporting by Alexei Anishchuk, Writing by Gabriela Baczynska; Editing by Christian Lowe)

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