Moscow and Washington examine 'possible and proposed trade and economic interaction' - London Business News | Londonlovesbusiness.com
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Moscow and Washington examine 'possible and proposed trade and economic interaction' - London Business News | Londonlovesbusiness.com
"The United States is reportedly in discussions with Russia on a range of high-stakes infrastructure and trade projects, including a nuclear-powered datacenter and a tunnel under the Bering Strait, according to The Economist. Sources close to the talks indicate that associates within the orbit of former President Donald Trump are exploring potential stakes in Russian energy assets. In addition, negotiations are reportedly ongoing over rare-earth metals, oil, and gas projects in the Arctic region."
"Kremlin spokesperson Dmitry Peskov confirmed that a working group between Moscow and Washington is examining "possible and proposed trade and economic interaction," though he offered no specifics on timelines or approvals. The discussions come amid heightened geopolitical tensions and ongoing sanctions on Russia, making any cooperation in strategic sectors, such as energy or rare-earth resources, highly sensitive. Analysts suggest that if realised, these initiatives could signal a cautious thaw in economic engagement, particularly in sectors critical to both countries' national security."
Discussions cover a range of high-stakes infrastructure and trade proposals, including a nuclear-powered datacenter, a tunnel under the Bering Strait, Arctic oil and gas projects, and rare-earth metal deals. Associates within the orbit of former President Donald Trump are exploring potential stakes in Russian energy assets. An American trader indicated US interest in expanding wheat trading with Russia. Kremlin spokesperson Dmitry Peskov confirmed a working group between Moscow and Washington is examining possible trade and economic interaction but offered no timelines or approvals. Heightened geopolitical tensions and sanctions make cooperation in strategic sectors highly sensitive and subject to extensive oversight and approvals.
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