EXCERPTS: Charlie Gibson Interviews Sarah Palin

PALIN: First off, we're going to continue good relations with Saakashvili there. I was able to speak with him the other day and giving him my commitment, as John McCain's running mate, that we will be committed to Georgia. And we've got to keep an eye on Russia. For Russia to have exerted such pressure in terms of invading a smaller democratic country, unprovoked, is unacceptable and we have to keep...

GIBSON: You believe unprovoked.

PALIN: I do believe unprovoked and we have got to keep our eyes on Russia, under the leadership there. I think it was unfortunate. That manifestation that we saw with that invasion of Georgia shows us some steps backwards that Russia has recently taken away from the race toward a more democratic nation with democratic ideals.That's why we have to keep an eye on Russia.

And, Charlie, you're in Alaska. We have that very narrow maritime border between the United States, and the 49th state, Alaska, and Russia. They are our next door neighbors.We need to have a good relationship with them. They're very, very important to us and they are our next door neighbor.

GIBSON: What insight into Russian actions, particularly in the last couple of weeks, does the proximity of the state give you?

PALIN: They're our next door neighbors and you can actually see Russia from land here in Alaska, from an island in Alaska.

GIBSON: What insight does that give you into what they're doing in Georgia?

PALIN: Well, I'm giving you that perspective of how small our world is and how important it is that we work with our allies to keep good relation with all of these countries, especially Russia. We will not repeat a Cold War. We must have good relationship with our allies, pressuring, also, helping us to remind Russia that it's in their benefit, also, a mutually beneficial relationship for us all to be getting along.

Sarah Palin on Russia:

We cannot repeat the Cold War. We are thankful that, under Reagan, we won the Cold War, without a shot fired, also. We've learned lessons from that in our relationship with Russia, previously the Soviet Union.

We will not repeat a Cold War. We must have good relationship with our allies, pressuring, also, helping us to remind Russia that it's in their benefit, also, a mutually beneficial relationship for us all to be getting along.

GIBSON: Would you favor putting Georgia and Ukraine in NATO?

PALIN: Ukraine, definitely, yes. Yes, and Georgia.

GIBSON: Because Putin has said he would not tolerate NATO incursion into the Caucasus.

PALIN: Well, you know, the Rose Revolution, the Orange Revolution, those actions have showed us that those democratic nations, I believe, deserve to be in NATO.

Putin thinks otherwise. Obviously, he thinks otherwise, but...

GIBSON: And under the NATO treaty, wouldn't we then have to go to war if Russia went into Georgia?

PALIN: Perhaps so. I mean, that is the agreement when you are a NATO ally, is if another country is attacked, you're going to be expected to be called upon and help.

But NATO, I think, should include Ukraine, definitely, at this point and I think that we need to -- especially with new leadership coming in on January 20, being sworn on, on either ticket, we have got to make sure that we strengthen our allies, our ties with each one of those NATO members.

We have got to make sure that that is the group that can be counted upon to defend one another in a very dangerous world today.

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