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ST. PETERSBURG, Russia (AP) — President Vladimir Putin said Thursday that Russia will strengthen its air defenses to counter recent Ukrainian drone attacks, which have reached deep inside his country and cast a cloud over his showcase economic forum in his hometown of St. Petersburg.

Speaking in response to a question from The Associated Press during a meeting with heads of international news agencies, Putin acknowledged the damage from Ukrainian drone attacks.

“To our regret, some of them break through,” Putin said of the drone strikes. “Russia has an air defense system, we need to improve it, strengthen it, and we will do that.”

The wide-ranging media session came on the sidelines of the St. Petersburg International Economic Forum, his annual showcase for investment. Hours before the forum opened Wednesday, a Ukrainian drone attack set ablaze an oil terminal in the city and also hit a nearby naval base.

Putin also said Russia is open for a compromise on Ukraine in line with understandings reached at his summit with U.S. President Donald Trump in Anchorage, Alaska, adding that Ukraine needs to accept them to make a deal to end the conflict, now in its fifth year.

Zelenskyy proposes talks

Also on Thursday, Ukrainian President Volodymyr Zelenskyy proposed face-to-face negotiations in a public letter addressed directly to Putin. Zelenskyy acknowledged shifting U.S. priorities, saying it would be wrong to wait for the U.S. to return its attention to Ukraine while it remains heavily focused on the Iran war.

In Washington, Trump said it “would be great” if Putin and Zelenskyy meet.

Kremlin spokesman Dmitry Peskov said Putin hadn’t seen the letter yet and repeated his statement that Zelenskyy could come to Moscow if he wants talks. Putin said last month he doesn’t exclude a meeting in a third country, but only when there is a deal to sign.

Putin dismissed the idea that European Union countries could mediate Russia-Ukraine peace talks because “mediation assumes neutrality. Where is the neutrality here?”

Any potential third-party mediators needed to be trusted by both sides, Putin said.

“How can Russia trust people who have been harping about the need to inflict a strategic defeat on Russia for years?” he said.

Putin’s battlefield update

Commenting on Russia’s use of its Oreshnik intermediate range ballistic missile, Putin said it was fired at targets that allowed it to test its capability and precision before using it against objectives closer to residential areas.

“We hit the area where it was convenient to see the results,” he said. “It was important for making a decision on the future on the full-format use of the Oreshnik on designated targets, including those in populated areas.”

Putin emphasized his push for control of the entire Donetsk region in eastern Ukraine, noting that Ukraine controls about 15% of its territory.

Putin declared that the “patriotism and will of the Russian people” will ensure the achievement of goals that Moscow set in Ukraine.

“Russian troops are advancing along the entire line of contact,” he said.

Putin said he has accepted Trump’s compromise proposals from the Alaska summit, saying they could “serve as a basis of agreements between Russia and Ukraine and put an end to the conflict.”

Moscow wants a comprehensive settlement, not a temporary truce, he said.

“There is no need to suspend the hostilities to start negotiations,” he said. “Naturally, the Ukrainian side would like us to suspend the advances made by Russian troops. But it would be better to end the war by agreeing to the compromises that were discussed in Anchorage.”

Putin dismisses sabotage accusations

Asked about an AP investigation tracking 191 incidents across Europe, including sabotage, cyberattacks, attempted assassination and other activity that Western officials say are part of a Russian-masterminded campaign, Putin replied there was no detailed proof of Moscow’s involvement.

“What are the specific facts? What has been proven?” he said, adding that the accusations showed that Europe was not ready to talk to Russia as an equal partner.

“This only shows that certain political figures in the West are trying to carry out aggressive plans against the Russian Federation,” he said.

Asked whether Russia could contribute to a settlement of the war in Iran, Putin responded that Moscow’s proposal to take enriched uranium from Iran for storage remains on the table. He noted Russia did so as part of the 2015 deal between Iran and world powers, “and we are ready to do it now.”

His future as president

Putin, 73, who has held power in Russia for over a quarter-century, was asked if he planned to run for another term that would keep him in office until 2036, when he’ll be 83. He laughed and said he’s “not even thinking about it.”

“Only God knows if any of us will be healthy enough … to survive until tomorrow, the day after tomorrow, much less solve the problems we face and achieve the goals we set for ourselves,” he said.

In 2020, Putin ordered amendments to the Russian Constitution that essentially reset his term limits, keeping him in power.

Drone attacks on St. Petersburg

Wednesday’s drone attack hit the nearby Kronstadt naval base and an oil terminal, sending a plume of black smoke above Russia’s second-largest city — an embarrassing blow to Putin’s efforts to cast the conflict as a distant event that doesn’t affect Russian daily life.

It also underscored Kyiv’s growing ability to hit deep inside Russia and showed the vulnerability of its cities. Scores of flights were delayed or diverted at St. Petersburg’s airport and authorities cut cellphone internet service to try to prevent drone attacks.

Putin had scaled down Russia’s annual Victory Day parade on May 9, fearing Ukrainian strikes. Days later, a massive drone attack on Moscow’s suburbs killed three and showed the capital’s vulnerability.

Peskov said Russia’s forces were carrying out “systematic” strikes on Kyiv. On Tuesday, Russia launched deadly attacks on Kyiv and other Ukrainian cities.
Russia’s version of Davos

Putin has used the St. Petersburg forum, likened to the World Economic Forum in Davos, Switzerland, to showcase his country’s economic advances and encourage foreign investment. While Western officials and business leaders have stayed away after Putin sent troops into Ukraine in 2022, Russia has sought guests from elsewhere to underline its declared goal of promoting a “multipolar world.”

Saudi Arabia sent a large delegation this year, and the presidents of Uzbekistan and Tanzania and vice president of China also are present. A U.S. official, Rodney Mims Cook Jr., head of the U.S. Commission of Fine Arts, is attending for the first time in years.

Russia’s economic outlook has clouded as the initial boost from military spending has fizzled. The government raised taxes and increased domestic borrowing to keep its budget deficit under control.

Asked at the media session if Russia’s economy was struggling because of the military action, Putin paraphrased Mark Twain that “rumors of my death are highly exaggerated.”

He said the economy was growing but admitted that inflation was a concern.

“We’ve deliberately taken steps to cool the economy,” Putin said of Russia’s Central Bank putting the country’s key interest rate at 14.5%, which he called “a difficult decision.”

“You can say we’ve cooled off, or you can say we haven’t done everything yet, but these are deliberate steps. We don’t want inflation — hyperinflation — to reach 60-80%, as it is some countries,” he said. “We’re fighting for the health of the Russian economy as a whole.”

BEIJING (AP) — Chinese leader Xi Jinping will travel to North Korea next week, both countries announced Friday, in what will be his first visit in nearly seven years.

His trip will be the latest in a series of steps by China to reinforce its close ties with its nuclear-armed neighbor. North Korean leader Kim Jong Un has reached out to Russia in recent years, notably by sending troops and conventional weapons to support its war against Ukraine.

But in the past year, Kim has likewise been trying to improve ties with China, the North’s biggest trading partner and provider of aid.

“As North Korea builds closer ties with Russia, China seeks to use Xi’s trip to reassert its influence over Pyongyang and safeguard its strategic interests in northeast Asia,” said William Yang, an analyst for the International Crisis Group.

Xi will make a state visit from Monday to Tuesday, Chinese and North Korean state media said in brief dispatches. His last visit was in June 2019.

The trip will serve to advance ties and strengthen regional peace and stability, a Chinese Foreign Ministry spokesperson said Friday.

“The traditional friendly and cooperative relations between China and the DPRK have continued to develop in a sound and stable manner, bringing tangible benefits to both countries and their peoples,” spokeswoman Mao Ning said, using the abbreviation for North Korea’s full name.

The trip is coming just a few weeks after Xi hosted U.S. President Donald Trump and Russian President Vladimir Putin in quick succession in Beijing.

North Korea’s nuclear weapons program has long been a major concern for the United States, which opposes it. The U.N. has imposed economic sanctions on North Korea because of its nuclear and missile development.

The announcement of the trip came a day after North Korea unveiled a new facility to produce the material for nuclear bombs. It is believed to be a uranium enrichment plant, though North Korea has not confirmed that.

During a visit to the plant, Kim announced plans to bolster the country’s nuclear forces “at an exponential rate.” Experts say the plant’s disclosure implies that Kim was eager to cement his country’s status as a nuclear weapons state ahead of Xi’s visit.

The experts say Kim wants international recognition as a nuclear state so he can demand the lifting of the sanctions. They say Kim would ultimately push for arms reductions talks with the U.S. to win concessions in return for a partial surrender of his country’s nuclear capability.

Kim has been focusing on expanding his nuclear arsenal since his high-stakes diplomacy with Trump collapsed in 2019.

Trump has repeatedly expressed his desire to restore diplomacy with Kim, but the North Korean leader has said the U.S. must first drop its demand for North Korea to denuclearize as a precondition for talks.

Analysts will be watching to see what if anything China says during Xi’s visit about calls for North Korea’s denuclearization.

Xi and Kim met in Beijing in September and pledged mutual support and enhanced cooperation. Kim was in the Chinese capital to attend a Chinese military parade alongside other foreign leaders including Putin.

Russia and China, both veto-wielding members of the U.N. Security Council, have previously frustrated efforts by the U.S. and others to toughen international sanctions on North Korea, despite its banned weapons tests.

At their meeting in Beijing last month, Putin and Xi expressed their opposition to “foreign policy isolation, economic sanctions, military pressure and other methods of creating threats to the security” of North Korea, according to a statement from the Kremlin.

Embracing the ideas of a “new Cold War” and a multipolar world, Kim has pushed for a more assertive foreign policy by expanding ties with countries locked in confrontation with the United States.

The trip abroad is a relatively rare one for Xi, who has curtailed his international travel sharply since the COVID-19 pandemic. His last overseas visit was to South Korea last fall for the Asia-Pacific Economic Cooperation summit, where he met Trump.

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Kim reported from Seoul, South Korea. Associated Press writer Simina Mistreanu contributed from Taipei, Taiwan.