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2026-10-16T19:51:07.090Z

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Russia and US to unveil new initiatives

Russia and US to unveil new initiatives

The article features statements from Kirill Dmitriev, the Russian President Vladimir Putin's envoy for investment, regarding expectations of an imminent announcement of joint initiatives between Moscow and Washington. These include projects involving data centers powered by nuclear energy, following an agreement on exporting Russian diesel to global markets and reducing its prices. Dmitriev noted that U.S. sanctions present a significant obstacle and criticized the Graham Law, describing it as misleading. He added that both countries are exploring new economic collaborations, including the use of small nuclear power plants. Dmitriev expressed optimism about a possible change in stance and progress, affirming that cooperation will continue until the military operation in Ukraine concludes. He also confirmed that Washington has requested assistance from Russia's sovereign wealth fund to resolve some financial issues related to the diesel deal, which is a priority for the Biden administration ahead of the upcoming midterm elections.

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