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Gazprom on Tuesday set an increase in the price of gas for Ukraine.
Russia has announced that that Crimea and Sevastopol would become a special economic zone.
The US said it is trying to diplomatically isolate Russia.
The Russian FM has proposed "deep constitutional reforms" that would guarantee the rights of Russian speakers in Ukraine.
The Chinese President has made Russia the priority of Beijing’s foreign policy.
Russia is set to float a joint venture with Brazil to co-produce Sukhoi T-50 fifth-generation fighter jets.
Putin had earlier called the Indian PM to brief him on the Russian position on the referendum.
Reports had quoted French Foreign Minister Laurent Fabius stating otherwise.
The Russian President has thanked India and China for supporting Moscow during the Ukraine crisis.
The Russian parliament is expected to ratify the treaty later on Tuesday.