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Trump blocking Russia sanctions a 'historic moment', says Putin envoy

MOSCOW: US President Donald Trump’s decision to waive a new package of sanctions on Russia is a “historic moment”, a Russian presidential envoy said on Saturday.

Trump blocking Russia sanctions a 'historic moment', says Putin envoy

Russian presidential envoy Kirill Dmitriev declared the US President Donald Trump's waiver of new sanctions on Russia a historic moment on Saturday. Trump had signed an executive order on Friday waiving sanctions and tariffs targeting Russia's energy revenues, two days prior to their scheduled enforcement. This decision unfolded amidst a contentious relationship with Ukrainian President Volodymyr Zelenskyy, raising suspicions that the US is aligning more closely with Moscow, nearly five years into Russia's conflict against Ukraine.

The suspension of the Graham Act by the Trump administration is hailed as an important and historic development by Dmitriev. The Kremlin and Putin, who appeared in military attire on Friday and pledged to annex more Ukrainian territory, have yet to comment on this move, which represents a significant diplomatic triumph for Russia.

The Graham Act, named after US Senator Lindsey Graham, was aimed at Russia's energy and defense sectors, as well as Putin and other high-ranking officials. Dmitriev argued that the act would have inflicted serious damage, particularly on the US economy and global markets. Russia had imposed extensive sanctions on Ukraine upon the commencement of the war in 2022.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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