Russia has outlined potential areas for economic cooperation with the Trump administration, including a possible return to using the U.S. dollar in bilateral dealings, Bloomberg News reported, citing an internal Kremlin memo.
The senior-level document, dated this year, reportedly identifies seven areas where Russian and U.S. economic interests could align following a potential settlement of the Ukraine war.
The report said that the Kremlin proposals suggest Russia could once again embrace the dollar as part of a broader economic partnership with Washington.
According to the article, the proposed areas of cooperation include promoting fossil fuels over renewable energy, as well as joint ventures in natural gas projects, including Siberian gas fields, and collaboration on strategic minerals and rare earth elements.
The document also reportedly highlights significant commercial opportunities for U.S. companies.
These could include reconstruction contracts, partnerships in energy extraction projects, broader access to Russian markets, and investment gains tied to large-scale resource development.
Reuters said it could not independently verify the report.
The United States had been considering potential sanctions relief for Russia as U.S. President Donald Trump sought to restore ties with Moscow and bring the Ukraine war to an end.
However, in January, a U.S. official said Trump would allow a bipartisan sanctions bill targeting countries doing business with Russia to move forward in Congress, suggesting that sanctions pressure could still remain in place.
U.S. President Donald Trump said Iran was not ready to make what he called the "right deal" with Washington as tensions persisted over th...
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, accordin...
Business Europe launches today, taking viewers inside the companies driving growth and innovation across Europe, with Brickken CEO Edwin Mata joini...
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the ground".
Iran has condemned new U.S. sanctions as “economic terrorism” and “crimes against humanity”, accusing Washington of pursuing a decades-long policy of hostility. Tehran said the measures would not weaken its resolve to defend its sovereignty and national interests.
Israeli Prime Minister Benjamin Netanyahu has issued his strongest warning yet over Türkiye's growing military role in Syria, saying Israel will not accept Turkish forces expanding their presence further south.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Business Europe launches today, taking viewers inside the companies driving growth and innovation across Europe, with Brickken CEO Edwin Mata joining the programme for its first episode.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
The United States has imposed 50% tariffs on a range of Canadian goods after Washington and Ottawa failed to reach a new trade agreement, with both sides accusing the other of derailing negotiations at the final stage.
Türkiye has asked Interpol to issue a red notice for Israeli Prime Minister Benjamin Netanyahu in a criminal case linked to Israel’s interception of the Global Sumud Flotilla carrying humanitarian aid to Gaza, Justice Minister Akın Gürlek said on Friday.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 22nd of August, covering the latest developments.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment