ROME (Thomson Financial) - Russian President Vladimir Putin has again blasted a planned US missile shield in Europe and warned that Moscow could redeploy missiles aimed at targets on the continent.
'If the US nuclear potential extends across the European territory, we will have to get new targets in Europe,' Putin said in an interview to newspapers from the Group of Eight most industrialised nations.
The interview was due to be published on Monday but the embargo was partially broken by Germany's Der Spiegel magazine. Putin and his peers are meeting for a three-day G8 summit which begins in Germany on Wednesday.
'It will then be up to our military experts to identify which targets will be aimed by ballistic missiles and which ones will be aimed by cruise missiles,' he said.
'We want to re-balance the defence instruments with more efficient offensive equipment but we know that this could lead to a renewed arms race for which we are, however, not responsible.'
Tensions over the plan have helped send relations between the two states to what many analysts call a post-Cold War low just before Putin and US President George W. Bush meet at the Group of Eight summit.
Russia sees the US plan to deploy missile defence hardware in Poland and the Czech Republic, as a threat and dismisses as feeble Washington's insistence that it is aimed at pre-empting possible attacks from the Middle East, especially Iran.
'We cannot allow ourselves not to be worried,' Putin said.
'The missile shield is part of a nuclear system which protects American territory and for the first time in history, elements of this system have been transferred to Europe,' the Russian leader said.
'We are told that this defence system serves against Iranian missiles but no Iranian missile has such a capability. It therefore becomes evident that this concerns us, the Russians.'
'If the US nuclear potential extends across the European territory, we will have to get new targets in Europe,' Putin said in an interview to newspapers from the Group of Eight most industrialised nations.
The interview was due to be published on Monday but the embargo was partially broken by Germany's Der Spiegel magazine. Putin and his peers are meeting for a three-day G8 summit which begins in Germany on Wednesday.
'It will then be up to our military experts to identify which targets will be aimed by ballistic missiles and which ones will be aimed by cruise missiles,' he said.
'We want to re-balance the defence instruments with more efficient offensive equipment but we know that this could lead to a renewed arms race for which we are, however, not responsible.'
Tensions over the plan have helped send relations between the two states to what many analysts call a post-Cold War low just before Putin and US President George W. Bush meet at the Group of Eight summit.
Russia sees the US plan to deploy missile defence hardware in Poland and the Czech Republic, as a threat and dismisses as feeble Washington's insistence that it is aimed at pre-empting possible attacks from the Middle East, especially Iran.
'We cannot allow ourselves not to be worried,' Putin said.
'The missile shield is part of a nuclear system which protects American territory and for the first time in history, elements of this system have been transferred to Europe,' the Russian leader said.
'We are told that this defence system serves against Iranian missiles but no Iranian missile has such a capability. It therefore becomes evident that this concerns us, the Russians.'