Feb 19 β€’ 16:30 UTC πŸ‡·πŸ‡Ί Russia The Moscow Times

Kremlin Envoy Pitches $14 Trillion in Potential U.S.-Russia Projects

A Kremlin envoy announced potential joint U.S.-Russia projects worth $14 trillion, contingent on a peace agreement in Ukraine and lifting of sanctions.

Kirill Dmitriev, President Putin's economic envoy, revealed that Russia has identified over $14 trillion in potential joint projects with the United States, a figure that significantly surpasses a similar estimate made by Ukrainian President Volodymyr Zelensky. Dmitriev dismissed Zelensky's number of $12 trillion as "fake news," indicating the Kremlin's intention to create substantial economic partnerships that hinge on achieving peace in Ukraine and resolving ongoing Western sanctions against Russia.

The White House has yet to issue any official commentary regarding these ambitious proposals, which may reflect a complex diplomatic landscape. Kremlin spokesman Dmitry Peskov has reiterated Russia's openness to cooperation in economic matters, suggesting that there are American companies eager to re-establish ties with the Russian market. This posture implies that Moscow is actively seeking to rebuild its economic relations, despite the current geopolitical tensions.

If realized, these proposed projects could drastically reshape economic interactions and investment flows between the two nations. However, the required conditions β€” a peace agreement regarding Ukraine and the lifting of sanctions β€” pose significant challenges. As the international community watches closely, the feasibility and motivations behind this expansive pitch by Russia will be interpreted within the context of ongoing conflicts and historical relations between the U.S. and Russia.

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