The recent talks between the United States and Russia in Riyadh did not delve into the topic of sanctions relief, as stated by Kirill Dmitriev, head of Russia's sovereign wealth fund and a member of Moscow's negotiating team in Saudi Arabia.
Dmitriev clarified that the discussions did not focus on sanctions but rather on the process of moving forward, potential joint economic initiatives for the future, and addressing various political issues.
Following Russia's invasion of Ukraine three years ago, the West imposed stringent sanctions on Russia's economy, particularly targeting its oil and gas sector.
Dmitriev highlighted that some individuals in Russia view sanctions as beneficial for the country, citing the nearly 4% GDP growth experienced last year. However, previous reports have indicated that while GDP growth may seem positive, there are underlying concerns within the Russian economy.
When questioned about what Russia proposed during the talks, Dmitriev mentioned that both countries expressed a willingness to collaborate and engage in economic and investment activities.
