Russia is open to economic cooperation with the USA in critical raw materials

Russia is open to economic cooperation with the USA in critical raw materials

Russia has declared that it is open to economic cooperation with the United States, especially in the area of energy and rarer. These statements were made from Moscow after US President Donald Trump on Monday that he had "serious conversations" with Russia about an end of the War in Ukraine and attempts to complete economic development deals with Moscow, whereby he referred to the "massive occurrence of rare earth".

cooperation between the USA and Russia

These comments are in the context of the talks between the USA and Ukraine, in which Trump has demanded access to almost half of the mineral resources in Ukraine in exchange for military support. On Monday, Russia's President Vladimir Putin emphasized that Moscow was ready to work with American companies when breaking down rare earths in Russia and in parts of the Ukraine occupied by Russia. Kirill Dmitriev, Putin's special envoy for investments and economic cooperation with foreign countries, told CNN that Russia was open to economic cooperation in energy matters.

occurrence of rare earths in Russia

"I would like to emphasize that we certainly have far more of these resources than Ukraine," Putin said in an interview with a correspondent for state broadcasting Pavel Zarubin about the occurrence of rare earth in Russia. "Russia is one of the leading countries when it comes to reserves less often. By the way, when it comes to new areas, we are also ready to win foreign partners - there are also certain reserves there," added Putin, apparently with regard to the areas occupied by Russia in Ukraine.

aluminum exports against lifting the sanctions

He added that Russia was willing to sell “about 2 million tons” aluminum on the US market if the United States cancel the sanctions that restrict the import of Russian metals. Putin also explained that Trump's approach to Russia and Ukraine "is not so much on emotions than on cold calculation, based on a rational approach to the current situation".

First steps for economic cooperation

In talks with the USA in Saudi Arabia, Dmitriev said that Russia was "open to economic cooperation with the United States and believes that this cooperation is the key to a more resilient global economy". In an explanation to CNN, Dmitriev said that the first phase of such a cooperation would include the energy sector, no further details announced.

Trump speaks of a possible compromise

The statements of Putin and his special sentence fell on the same day when Trump broke during a joint press conference with French President Emmanuel Macron with his ability to create a deal that could end the war between Russia and Ukraine. "I spoke to President Putin, and my people have to do with him and especially with his people, and they want to achieve something," said Trump during the conference in the White House.

trust between Trump and Putin

When asked why he thinks that he can trust Putin, Trump replied: "I think it is very advantageous for Russia to make a deal and continue to continue Russia in a very positive way. That is what you have to do. I really think he wants to do a deal," said Trump about Putin. "Maybe I'm wrong, but I think he wants to do a deal."

reports by CNN, supplemented by Lauren Kent and Michael Williams.