MOSCOW, October 1. /TASS/. Europe is wrong if it thinks it can dictate the terms under which dialogue with Russia can resume, Russian President Vladimir Putin said on Thursday.

The Russian president pointed out that Moscow was ready to begin a dialogue without preconditions, both with the European Union, if it so desires, and with individual countries.

"However, there must be no preconditions on their behalf," he said at the 23nd annual session of the Valdai International Discussion Club.

President Putin is taking part in a plenary session of the 23rd annual meeting of the Valdai Discussion Club, titled "Responsibility for the Future: Limits of the Possible, or Limitless Possibilities?".

The club’s flagship conference brings together 120 participants from 40 countries, including Algeria, Brazil, China, Egypt, France, Germany, India, Indonesia, Iran, Japan, Pakistan, South Africa, the United Kingdom, and the United States.

Putin has been taking part in the club’s meetings since its establishment in 2004. The first conference was held in Veliky Novgorod, near Lake Valdai, which gave its name to the event. Since 2014, the club’s meetings had been held in the Black Sea resort city of Sochi, but this year the Valdai session has been relocated to the Moscow Region as it is more convenient for most of its participants to get to Moscow.