Russian Investment Fund Chief: U.S. Containment Policy Has Failed, Time for Joint Projects

The head of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev, stated in Riyadh that the U.S. containment policy against Russia has failed, and it’s time for pragmatic cooperation between the two nations.

Feb 18, 2025 - 15:03
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Russian Investment Fund Chief: U.S. Containment Policy Has Failed, Time for Joint Projects
Photo taken from public sources

Key Takeaways from Dmitriev’s Statements:

  • Washington must acknowledge that its anti-Russian strategy has not worked.
  • American businesses have lost ground in Russia, and they now need a new approach.
  • Russia and the U.S. should shift towards joint projects, particularly in the Arctic.
  • Progress in negotiations could be seen in the next 2-3 months, if both sides are willing to compromise.

Why This Matters?

  • This is one of the first public signals of a potential thaw in U.S.-Russia relations.
  • Economic collaboration could pave the way for broader diplomatic engagement.
  • The Arctic is a major geopolitical hotspot, and cooperation here could reshape global power dynamics.

How Are Different Sides Reacting?

  • In Moscow, the statement is seen as an invitation to Western businesses to re-engage with Russia.
  • In Washington, reactions are mixed—some officials favor talks, while others remain skeptical.
  • In Europe, concerns are growing that the U.S. might shift its approach to Russia, leaving Brussels out of the equation.

What’s Next?

  • The coming months could bring the first tangible progress in U.S.-Russia negotiations.
  • The key question is whether Washington is willing to ease economic restrictions, despite pressure from the EU and Ukraine.
  • If both sides find common ground, it could mark a significant shift in global geopolitics.
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