By VLADIMIR ISACHENKOVMOSCOW (AP) — President Vladimir Putin said Thursday that Russia hopes to normalize ties with the U.S. and join efforts in the fight against international terrorism. Speaking in a live state-of-the-nation address, Putin said that Russia is ready to take part in tackling global challenges if its interests are respected. "We don't want confrontation with anyone," he said in a speech before officials and lawmakers in an ornate, white-marble Kremlin hall. "Unlike our foreign colleagues who are seeing Russia as an enemy, we have never been looking for enemies, we need friends," Putin said. "But we won't allow any infringement on our interests and neglect of them." Russia's relations with the West have plummeted to a post-Cold War low over the Ukrainian crisis and the war in Syria. During the U.S. election campaign, President Barack Obama's administration accused Russia of hacking American political sites and email accounts in an effort to interfere with the vote. The Kremlin has rejected the accusations. "In the last few years. we have faced attempts of foreign pressure with all tools involved — from the myths about Russian aggression, (allegations) of meddling in elections to the hounding of our athletes," Putin said, referring to doping scandals. Putin said that Russia is looking forward to mending ties with the U.S. after President-elect Donald Trump takes office. "We are ready for cooperation with the new American administration," he said. "It's important to normalize and develop our bilateral ties on an equal and mutually beneficial basis. We share responsibility for ensuring global security and stability and strengthening the non-proliferation regime." Putin added that Moscow hopes to pool efforts with Washington in confronting international terrorism. "Our servicemen in Syria are fulfilling that task," he said. Russia has conducted an air campaign in support of Syrian President Bashar Assad, helping his forces make significant gains, most recently in Aleppo, Syria's largest city before the war.