"It is already past time we sat at the negotiating table and not only thought about but developed a modern system of global and European security that corresponds to today's" needs, he said. "The understanding that a third world war could be the end of civilization should restrain us from taking extreme steps on the global arena that are highly unsafe for modern civilization".
The threat of mutually assured destruction helped avoid a nuclear war as it kept nuclear powers from making "abrupt moves and forced them to respect one another", Putin said.
Putin emphasized the chance for a fresh start in relations between Russian Federation and the European Union, stating that ongoing sanctions are, "harmful to everyone - those who initiated them and those who are targeted by them".
The president said he had warned in a speech in Munich in 2007 about a growing US sense of exceptionalism and the risk of it imposing its own rules on other countries. "When I am on vacation I see no need to hide behind the bushes, and there is nothing wrong with that", said Putin. However, since then already poor ties between Washington and Moscow have deteriorated further over the conflict in Syria and the poisoning of a former Russian spy in Britain.
"If a military agent would have been used against these people, these people would die on the spot within seconds or minutes", the president said.
"We have continued our cooperation even during hard times", Kurz said after talks with Putin.
Putin did not have much to say on the specific allegations that a Russian missile was responsible for the downing of the plane, except to cast doubt on the worldwide investigation and say that Ukraine shot down a passenger plane by mistake in 2001.
He also added that until Russian Federation is allowed to take part in the investigation and is allowed access to Skripals, it is hard for Moscow to comment on this matter.
He said a laser weapons system was also already in service and that a new, more powerful, ballistic missile called Sarmat would be ready in 2020.
Is Trump Pushing Europe Into Putin's Arms? Putin announced last December he would reduce Russia's military presence there.
"Just recently one famous and popular German media outlet wrote that President Trump is pushing Europe into Putin's arms".
What about accusations of Russian meddling in the USA election? This is a complete nonsense.
Russia, just like any other country, can not have "its own cryptocurrency" because the very concept of cryptocurrency "transcends national borders", Vladimir Putin said. He added, however, that he could pull them out of the country quickly if necessary.