Xi Jinping gave Vladimir Putin a giant gold "best friend" necklace

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"I believe it's necessary to stop this creative babbling and shift to concrete issues related to real cooperation", Putin told reporters in the Chinese city of Qingdao, when asked to comment on a G7 joint statement. Russian Federation was formerly a member of the group, then known as G-8, but was suspended after its annexation of Crimea in 2014.

Trump riled US allies on Friday when he suggested Russian Federation be readmitted to the G7 organization, despite the country's 2014 expulsion because it annexed Crimea from Ukraine.

Ahead of the annual meeting of G7 leaders, Trump said Russian Federation should be allowed back, a suggestion quickly rejected by Britain, France and Germany.

"I think Putin's probably going, 'Man, I wish Hillary won, '" Trump said. In return, Iran agreed to restrictions on its nuclear activities, increasing the time it would need to produce an atom bomb if it chose to do so.

Other leaders attending this weekend's G7 summit rejected Trump's idea.

Tension has been building over a year of policymaking that has distanced the U.S. from traditional allies, including by Trump's decisions to withdraw the U.S. from the Paris climate accord and the Iran nuclear agreement. This summit is the first since India and Pakistan were accepted as full members of the SCO in June 2017, a sign of increased cooperation between Eastern nations.

Iranian President Hassan Rouhani has warned about the threat U-S unilateralism poses to the world.

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Vienna is one of the cities being considered as the venue for a possible summit between Russian President Vladimir Putin and his United States counterpart Donald Trump, Kremlin spokesman Dmitry Peskov told reporters on Saturday.

"We are not going to live with the deals the way they are", Trump said.

Chinese President Xi Jinping (習近平) late yesterday opened a two-day regional security summit attended by Russia, Iran and other allies confronting rising tensions with the United States over trade and Washington's withdrawal from the Iranian nuclear deal.

"The very fact that we confirm the high level of our interaction and talk about the need for its development, in my opinion, is of great importance, for contemporary global relations, for Russian-Chinese relations", he said.

In a symbol of close China-Russia ties, Xi on Friday gave China's first friendship medal to Putin.

Iran's President Hassan Rouhani, whose country is an observer member, also attended the meeting as he seeks Chinese and Russian support following the U.S. withdrawal from the nuclear deal with Tehran.

Friendship Medals, the highest state honor to foreigners, are presented to foreign friends who have made outstanding contributions to China's modernization drive, promoting exchange and cooperation between China and the world, and safeguarding world peace, Xi said when delivering a speech.