Premier Li Keqiang meets the press: Full transcript of questions and answers- butaivilniuje.info
After meeting one-on-one for two hours in Helsinki on Monday, President Trump Transcript: Trump And Putin's Joint Press Conference Trump Denies Election Interference; Putin Says He Wanted Trump To Win In WASHINGTON — NBC's “Meet the Press” on Sunday aired Omarosa Manigault Newman's recording of her firing by White House Chief of Staff. MEET THE PRESS - JAN. 10, CHUCK TODD: This Sunday, he's defying political gravity and every prediction of his imminent collapse.
The recent volatility in China's stock and currency markets have drawn close attention from international investors. Mr Premier, what do you think are the major problems and challenges facing China's financial markets? What are the Chinese government's plans for future financial markets and strengthening of financing regulation? What major reform steps will be adopted for the development of stock, currency and bond markets in China?
Will the recent volatility in those markets hold back China's reform development?
You've had the first opportunity to ask a question, and you made your questions all about the financial sector. That is understandable, as many economic problems first manifest themselves in financial markets. The top priority of the financial sector is to support the development of the real economy. The truth is, the dysfunctional real economy presents the largest risk to the financial markets. Last year, we took a series of steps, including cutting interest rates, and targeted reductions of banks required reserve ratio; these were not quantitative easing measures.
At the same time, we also took care to insure that there is appropriate money supply. All these steps will aim at bringing down the cost of financing and enhance the development of the real economy, so I believe the job of financial institutions is to provide better services to the real economy, especially micro and small businesses. The financial sector also operates according to its own laws, and one should always look out for possible financial risks.
Last year, because of the difficulties of companies in some sectors, the nonperforming loan ratio of some financial institutions in China increased, but we are still in the good position to defuse the financial risks because the capital adequacy ratios of commercial banks is still about 13 percent, which is below the international warning line.
Those bank's provision coverage ratio is also about percent, which is above the percent level that we set. To a great extent it was possible thanks to the personal engagement of President Trump, who opted for dialogue instead of confrontation. Let me remind you that thanks to the Iranian nuclear deal, Iran became the most controlled country in the world. It submitted to the control of IAEA. It effectively ensures the exclusively peaceful nature of the Iranian nuclear program and strengthens the nonproliferation regime.
While we discussed the internal Ukrainian crisis, we paid special attention to the bona fide implementation of Minsk Agreements by Kiev. At the same time, the United States could be more decisive and nudging the Ukrainian leadership and encourage it to work actively on this. We paid more attention to economic ties and economic cooperation. It's clear that both countries, the businesses of both countries, are interested in this.
The American delegation was one of the largest delegations in the St. It featured over representatives from American businesses. We agreed, me and President Trump, we agreed to create the high level working group that would bring together captains of Russian and American business.
After all, entrepreneurs and businessmen know better how to articulate this successful business cooperation. We'll let them think and make their proposals and their suggestions in this regard. Once again, President Trump mentioned the issue of the so-called interference of Russia when the American elections and I had to reiterate things I said several times, including during our personal contacts that the Russian state has never interfered and is not going to interfere into internal American affairs, including the election process.
Any specific material, if such things arise, we are ready to analyze together. For instance, we can analyze them through the joint working group on cyber security, the establishment of which we discussed during our previous contacts. And clearly, it's past time we restore our cooperation in the cultural area, in the humanitarian area.
I think you know that recently we hosted the American congressmen delegation and now it's perceived and portrayed almost as a historic event, although it should have been just a current affairs, just business as usual. And in this regard, we mentioned this proposal to the president. But we have to think about the practicalities of our cooperation but also about the rationale, the underlying logic of it. And we have to engage experts on bilateral relationship, who know history and the background of our relationship.
The idea is to create an expert council that would include political scientists, prominent diplomats and former military experts from both countries, who would look for points of contact between the two countries, that would look for ways on putting the relationship on the trajectory of growth.
In general, we are glad with the outcome of our first full-scale meeting because previously we only had a chance to talk briefly on international fora. We had a good conversation with President Trump and I hope that we start to understand each other better and I'm grateful to Donald for it. Clearly, there are some challenges left when we were not able to clear all the backlog but I think that we made a first important step in this direction.
And in conclusion, I want to point out that this atmosphere of cooperation is something that we are especially grateful for to our Finnish hosts. We are grateful for Finnish people and Finnish leadership for what they've done.
I know that we have caused some inconvenience to Finland and we apologize for it. Thank you for your attention. Thank you very much.
I have just concluded a meeting with President Putin on a wide range of critical issues for both of our countries. We had direct, open, deeply productive dialogue. President Putin and I were saying how lovely it was and what a great job they did. I also want to congratulate Russia and President Putin for having done such an excellent job in hosting the World Cup.
It was really one of the best ever and your team also did very well. It was a great job. I'm here today to continue the proud tradition of bold American diplomacy. From the earliest days of our republic, American leaders have understood that diplomacy and engagement is preferable to conflict and hostility.
A productive dialogue is not only good for the United States and good for Russia but it is good for the world. The disagreements between our two countries are well-known and President Putin and I discussed them at length today.
But if we're going to solve many of the problems facing our world, then we are going to have to find ways to cooperate in pursuit of shared interests. Too often in both recent past and long ago, we have seen the consequences when diplomacy is left on the table.
We have also seen the benefits of cooperation. In the last century, our nations fought alongside one another in the Second World War. Even during the tensions of the Cold War, when the world looked much different than it does today, the United States and Russia were able to maintain a strong dialogue.
But our relationship has never been worse than it is now.
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However, that changed, as of about four hours ago. I really believe that. Nothing would be easier politically than to refuse to meet, to refuse to engage, but that would not accomplish anything. As president, I cannot make decisions on foreign policy in a futile effort to appease partisan critics, or the media, or Democrats who want to do nothing but resist and obstruct. Constructive dialogue between the United States and Russia affords the opportunity to open new pathways toward peace and stability in our world.
I would rather take a political risk in pursuit of peace than to risk peace in pursuit of politics. As president, I will always put what is best for America and what is best for the American people.
During today's meeting, I addressed directly with President Putin the issue of Russian interference in our elections. I felt this was a message best delivered in person.
We spent a great deal of time talking about it and President Putin may very well want to address it and very strongly, because he feels very strongly about it and he has an interesting idea. We also discussed one of the most critical challenges facing humanity: I provided an update on my meeting last month with Chairman Kim on the denuclearization of North Korea and after today, I am very sure that President Putin and Russia want very much to end that problem.
Going to work with us and I appreciate that commitment. The president and I also discussed the scourge of radical Islamic terrorism. Both Russia and the United States have suffered horrific terrorist attacks and we have agreed to maintain open communication between our security agencies to protect our citizens from this global menace.
Last year, we told Russia about a planned attack in St. Petersburg and they were able to stop it cold. There was no doubt about it. I appreciated President Putin's phone call afterwards to thank me. I also emphasized the importance of placing pressure on Iran to halt its nuclear ambitions and to stop its campaign of violence throughout the area, throughout the Middle East.
As we discussed at length, the crisis in Syria is a complex one. Cooperation between our two countries has the potential to save hundreds of thousands of lives. We have just about eradicated ISIS in the area. We also agreed that representatives from our national security councils will meet to follow up on all of the issues we addressed today and to continue the progress we have started right here in Helsinki.
Today's meeting is only the beginning of a longer process but we have taken the first steps toward a brighter future and one with a strong dialogue and a lot of thought. Our expectations are grounded in realism but our hopes are grounded in America's desire for friendship, cooperation and peace.
Transcript: Trump And Putin's Joint Press Conference
And I think I can speak on behalf of Russia when I say that also. President Putin, I want to thank you again for joining me for these important discussions and for advancing open dialogue between Russia and the United States.
Our meeting carries on a long tradition of diplomacy between Russia, the United States for the greater good of all and this was a very constructive day. This was a very constructive few hours that we spent together.
It's in the interest of both of our countries to continue our conversation and we have agreed to do so. I'm sure we'll be meeting again in the future often and hopefully we will solve every one of the problems that we discussed today. So again, President Putin, thank you very much. I have a question to President Trump. During your recent European tour, you mentioned that the implementation of the Nord Stream 2 gas pipeline makes Europe a hostage of Russia. But this cold winter, actually it showed that the current model, current mechanism, of supply of fuel to Europe is quite viable.
At the same time, as far as I know, the U. I have a question. The implementation of your idea has a political tinge to it or is this a practical one? Because there will be a gap formed in the supply and demand mechanism and first it's the consuming countries who will fall into this gap. And the second question, before the meeting with President Putin, you called him an adversary, a rival, and yet you expressed hope that you will be able to bring this relationship to a new level.
Did you manage to do this? No, actually I called him a competitor and a good competitor he is. And I think the word competitor is a compliment. I think that we will be competing, when you talk about the pipeline.
I'm not sure necessarily that it's in the best interest of Germany or not but that was a decision that they made. As you know the United States is now or soon will be, but I think it actually is right now, the largest in the oil and gas world.
So we're going to be selling LNG and we'll have to be competing with the pipeline and I think we'll compete successfully, although there is a little advantage locationally. So I just wish them luck. I mean, I did. I discussed with Angela Merkel in pretty strong tones but I also know where they're all coming from and they have a very close source. So we'll see how that all works out. But we have lots of sources now and the United States is much different than it was a number of years ago when we weren't able to extract what we can extract today.
So today we're number one in the world at that. And I think we'll be out there competing very strongly. If I may, I'd throw in, I'd throw in some two cents. We talked to the president including this subject as well. We are aware of the stance of President Trump and I think that we, as a major oil and gas power and the United States as a major oil and gas power as well, we could work together on regulation of international markets because neither of us is actually interested in the plummeting of the prices and the consumers will suffer as well and the consumers in the United States will suffer as well.
And the shale gas production will suffer because beyond a certain price bracket it's no longer profitable to produce gas but nor we are interested in driving prices up because it will drain juices, life juices, from all other sectors of the economy from machine building, etc. So we do have space for cooperation here, as the first thing. Then about the Nord Stream 2 - Mr. President voiced his concerns about the possibility of disappearance of transit through Ukraine and I reassured Mr.
President that Russia stands ready to maintain this transit. Moreover, we stand ready to extend this transit contract that is about to expire next year. In case, if the dispute between the economic entities dispute will be settled in the Stockholm Arbitration Court. President, you tweeted this morning that it's U. Do you hold Russia at all accountable or anything in particular?
And if so, what would you what would you consider them that they are responsible for? I hold both countries responsible. I think that the United States has been foolish.
I think we've all been foolish. We should have had this dialogue a long time ago, a long time frankly before I got to office. And I think we're all to blame. I think that the United States now has stepped forward, along with Russia, and we're getting together and we have a chance to do some great things, whether it's nuclear proliferation in terms of stopping, have to do it, ultimately that's probably the most important thing that we can be working on. But I do feel that we have both made some mistakes.
I think that the probe is a disaster for our country. I think it's kept us apart, it's kept us separated. There was no collusion at all.
People are being brought out to the fore. So far that I know virtually none of it related to the campaign. And they're gonna have to try really hard to find somebody that did relate to the campaign. That was a clean campaign. I beat Hillary Clinton easily and frankly we beat her.
And I'm not even saying from the standpoint And it's a shame that there can even be a little bit of a cloud over it. But the main thing and we discussed this also is zero collusion and it has had a negative impact upon the relationship of the two largest nuclear powers in the world.
We have 90 percent of nuclear power between the two countries. It's ridiculous what's going on with the probe. For President Putin, if I could follow up as well. Why should Americans and why should President Trump believe your statement that Russia did not intervene in the election, given the evidence that U. And will you consider extraditing the 12 Russian officials that were indicted last week by a U.
Well, I'm going to let the president answer the second part of that question. But, as you know, the whole concept of that came up perhaps a little bit before but it came out as a reason why the Democrats lost an election, which frankly, they should have been able to win because the electoral college is much more advantageous for Democrats, as you know, than it is to Republicans.
We won the Electoral College by a lot. And that was a well fought, that was a well fought battle. We did a great job. And frankly, I'm going to let the president speak to the second part of your question.
But just to say it one time again and I say it all the time, there was no collusion. I didn't know the president. There was nobody to collude with. There was no collusion with the campaign and every time you hear all of these you know 12 and 14 - stuff that has nothing to do and frankly they admit - these are not people involved in the campaign. But to the average reader out there, they're saying well maybe that does.
And even the people involved, some perhaps told mis-stories or in one case the FBI said there was no lie. There was no lie. Somebody else said there was. We ran a brilliant campaign and that's why I'm president.
As to who is to be believed and to who is not to be believed, you can trust no one — if you take this — where did you get this idea that President Trump trusts me or I trust him? He defends the interests of the United States of America. And I do defend the interests of the Russian Federation. We do have interests that are common. We are looking for points of contact.
There are issues where our postures diverge and we are looking for ways to reconcile our differences, how to make our effort more meaningful.
We should not proceed from the immediate political interests that guide certain political powers in our countries. We should be guided by facts. Could you name a single fact that would definitively prove the collusion? This is utter nonsense. Just like the president recently mentioned. Yes, the public at large in the United States had a certain perceived opinion of the candidates during the campaign.
But there's nothing particularly extraordinary about it. That's a usual thing.
President Trump, when he was a candidate, he mentioned the need to restore the Russia U. But isn't that natural? Isn't it natural to be sympathetic towards a person who is willing to restore the relationship with our country, who wants to work with us?
We heard the accusations about the Concorde country. Well, as far as I know, this company hired American lawyers and the accusations doesn't have a fighting chance in the American courts.
So there's no evidence when it comes to the actual facts. So we have to be guided by facts, not by rumors. Now let's get back to the issue of these 12 alleged intelligence officers of Russia. I don't know the full extent of the situation, but President Trump mentioned this issue and I will look into it. So far, I can say the following: We have an acting, an existing agreement between the United States of America and the Russian Federation, an existing treaty, that dates back tothe Mutual Assistance on Criminal Cases.
This treaty is in full effect. It works quite efficiently. On average, we initiate about criminal cases upon the request from foreign states.
For instance, the last year, there was one extradition case on the request sent by the United States. So this treaty has specific legal procedures. We can offer that the appropriate commission headed by special attorney Mueller.