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Kremlin aide says Moscow in talks with US over investment fund sanctions

The New York Times reported earlier in the day that the Donald Trump administration was considering abandoning the sanctions.

Kremlin aide says Moscow in talks with US over investment fund sanctions

MOSCOW: Kremlin aide Yuri Ushakov disclosed on Wednesday that Russia is engaged in discussions with the United States regarding the potential lifting of sanctions imposed on Russia's primary investment fund. Ushakov, a foreign policy aide to Kremlin, stated that Russia Direct Investment Fund head Kirill Dmitriev is actively pursuing these talks.

According to Ushakov, the conversation has been ongoing for some time, and the outcome remains uncertain. Additionally, Ushakov highlighted Dmitriev's active role in maintaining contact, which has led to the issue being discussed in the media. Previously, The New York Times reported that the Trump administration was contemplating the abandonment of sanctions against Russia.

In recent months, Washington has made concessions to Moscow by temporarily lifting sanctions on Russian fuel and waiving certain US sanctions and tariffs related to Russian goods, oil, and gas, as part of a broader effort to ease tensions in the wake of Russia's 2022 invasion of Ukraine.

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

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