Russian President Vladimir Putin said Friday that he believed that global powers and Iran will “soon” reach a compromise in talks on Tehran’s nuclear programme. “Compromise should be found,” Putin told reporters in the Urals city of Ufa. “In my opinion, it will be found soon,” he said after hosting a summit of the Shanghai Cooperation Organisation that saw him meet Iranian President Hassan Rouhani Thursday. Putin spoke as talks towards a nuclear deal dragged into a 14th day on Friday as Iran accused the West of backtracking and Washington said it was prepared to walk away. “Not only Iran and talks participants but all the countries in the region including Arab countries and Israel are interested in this,” Putin said. “We proceed from the fact that all sanctions against Iran should be lifted. We believe sanctions is not the way to solve international problem.” Putin forcefully spoke out against sanctions in general as Russia reels from Western punitive measures over the Ukraine crisis. “We proceed from the fact that instruments such as sanctions should be completely removed from international economic lexicon and communication,” Putin said. Putin conceded that the scrapping of sanctions could see Iran ramp up oil output but said that global economy would adjust.