The US pullout from the INF accord has seriously complicated the situation in the world and created fundamental risks for all countries, according to Putin.

"Russia regrets to state that the unilateral US withdrawal from the Intermediate-Range Missile Treaty under a far-fetched pretext, and the destruction of one of the fundamental documents in the field of arms control has seriously complicated the situation in the world, creating fundamental risks for everyone," Putin specified.

The Russian president emphasized that the American side is "solely responsible" for what happened.

"Instead of a thoughtful discussion of international security issues, the United States simply crossed out many years of efforts to reduce the likelihood of a large-scale military conflict, including the use of nuclear weapons," the Russian leader said.

Putin also said that Moscow is ready to resume full-fledged negotiations with the United States on strategic stability and security.

"Russia deems it necessary to resume without any delay full-fledged negotiations on ensuring strategic stability and security," the head of state emphasized.

"We are ready for this," the Russian leader said.

Putin has also instructed the Russian Defense Ministry, the Russian Foreign Ministry and the Foreign Intelligence Service to monitor the steps taken by the US to develop intermediate-and shorter-range missiles.

"Taking into account the current situation, I instruct the Ministry of Defense and the Ministry of Foreign Affairs, as well as the Russian Foreign Intelligence Service to monitor the further steps by the US on developing, producing and placing intermediate-and shorter-range missiles closely and carefully," Putin stated.

The president stressed that Russia cannot ignore the current state of affairs and that it cannot be satisfied with baseless declarations of peace made by US officials.