Russia engages in talks with US administration to lift investment fund sanctions
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Kremlin foreign policy adviser Yuri Ushakov stated on 29 October 2026 that talks are underway with US President Donald Trump's administration to lift sanctions on Russia's primary investment fund.
Russian Direct Investment Fund head Kirill Dmitriev confirmed he is actively pursuing the talks. The New York Times reported the Trump administration is considering lifting the sanctions.
Russian state media reported the discussions are being pursued as another US concession in talks to end the war in Ukraine.
Russian Deputy Prime Minister Alexander said a fourth diesel tanker departed on 29 October 2026, after Trump announced temporary US sanctions relief for Russian fuel supplies to American and global markets.
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How the story developed
- EDelegations concluded the first day of trilateral peace talks in Abu Dhabi.
- EEuropean officials joined the peace talks despite initial Kremlin objections to the trilateral format.
- ERussian and Ukrainian officials held their first US-brokered peace talks in nine months in Abu Dhabi.
- தThis storyRussia negotiated with the Trump administration to lift sanctions on its primary investment fund.
