Headlines
Russia says improving ties with US will take time
Published by Global Banking & Finance Review®
Posted on June 11, 2025
2 min readLast updated: January 23, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on June 11, 2025
2 min readLast updated: January 23, 2026
Russia and the US are in talks to improve relations, but the Kremlin warns that progress will be slow. Business potential exists if ties improve.
MOSCOW (Reuters) -Talks between Russia and the United States aimed at improving ties and removing "irritants" in their relationship are not expected to yield quick results, the Kremlin said on Wednesday.
"Well, let's say that there are a lot of blockages in bilateral relations. Of course, one can hardly hope for any quick results, but this is precisely the kind of complex step-by-step work that has begun and will continue," Kremlin spokesman Dmitry Peskov told reporters, denying that dialogue had stalled.
Since Donald Trump returned to the White House in January, the two countries have launched a series of contacts aimed at improving relations which the Kremlin had described as "below zero" under the previous administration of Joe Biden.
Both sides say there is huge potential for business and investment deals if relations improve. But Trump, despite holding four phone calls with President Vladimir Putin, has voiced frustration about Russia's war actions in Ukraine and the lack of any visible progress towards a peace deal.
Russia's new ambassador to Washington said earlier on Wednesday that U.S.-Russia bilateral talks would soon move to Moscow from Istanbul.
"The recovery of Russian-American relations is still a long way off," ambassador Alexander Darchiev told TASS news agency, adding that the rapprochement was being slowed by the so-called U.S. "deep state" and anti-Russian "hawks" in Congress.
(Reporting by Gleb Stolyarov, writing by Mark Trevelyan, editing by Ed Osmond)
The Kremlin stated that improving ties and removing irritants in the relationship will not yield quick results.
Ambassador Alexander Darchiev mentioned that there are many blockages in bilateral relations, which slow down the rapprochement.
Both sides acknowledge significant potential for business and investment deals if relations can be improved.
The bilateral talks are expected to move from Istanbul to Moscow soon.
Despite having multiple phone calls with President Putin, Trump has expressed frustration about the slow progress in improving relations.
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