Putin bows out of G-8 summit at Camp David

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WASHINGTON -- Russian President Vladimir Putin will skip the meeting of leaders of the Group of 8 nations at Camp David next week, citing his responsibilities ‘to finalize Cabinet appointments in the new Russian government,’ the White House said Wednesday.

In his place, Prime Minister Dmitry Medvedev will attend the summit, which was moved from Chicago to the presidential retreat.

Obama, ‘expressed his understanding’ of Putin’s decision in a phone call between the two leaders Wednesday, according to the White House. They will hold a bilateral meeting during the Group of 20 summit in Mexico in June.

In March, Obama explained that he had decided to move the G-8 gathering from Chicago to the woods of Camp David in part to provide ‘a more informal setting in which we talk about a wide range of issues in a pretty intimate way.’

‘It will give me a chance to spend time with Mr. Putin, the new Russian president,’ Obama told a news conference at the time.

The G-8 summit is scheduled for May 18-19. NATO leaders will meet in Chicago on May 20-21.

In their phone call, Obama and Putin “noted with satisfaction the concrete achievements of the last three years and expressed their commitment to enhance bilateral cooperation on the basis of mutual strategic interests,” the White House said.

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-- Michael Memoli