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diplomacyOct 17, 2026

Sanctions are Biden’s ineffective idea — Russian presidential envoy

Summary

Most countries have not joined sanctions against Russia and understand they harm the world economy and prosperity, special representative of the Russian president for investment and economic cooperation with foreign countries, head of the Russian Direct Investment Fund Kirill Dmitriev said

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US President Donald Trump has reportedly waived additional sanctions on Russia, with the stated objective of mitigating energy price volatility. This decision has been characterized by observers as an effort to ease economic pressures, though the long-term geopolitical implications remain under evaluation.

Location: Washington, D.C.