VALAAM /Republic of Karelia/, August 1. /TASS/. The first serially-produced Oreshnik missile system has entered service with the Russian army, President Vladimir Putin told reporters.

He also noted that if Kiev believes that now is not the time for peace negotiations, Moscow is ready to wait. According to him, all the frustrations in the negotiation process stem from "excessive expectations."

The Russian leader also raised the issue of corruption in Ukraine and spoke against imposing foreign governance on its people.

TASS has compiled the key statements of the head of state.

If Kiev believes that now is not the time for negotiations, Moscow is ready to wait: "Well, in principle, we can wait. If the Ukrainian leadership believes that now is not the time, that we need to wait, well, we are ready to wait."