Published by Global Banking and Finance Review
Posted on February 3, 2025
MOSCOW (Reuters) - Saudi Arabia and the United Arab Emirates are seen by Russia as possible venues for a summit between U.S. President Donald Trump and Russian President Vladimir Putin, two Russian sources with knowledge of the discussions told Reuters.
Trump has said he will end the war in Ukraine as soon as possible and said he is ready to meet with Putin. Putin congratulated Trump on his election and stated he is ready to meet Trump to discuss Ukraine and energy.
Russian officials have repeatedly denied any direct contacts with the U.S. about preparations for a phone call between Trump and Putin, which would precede an eventual meeting later this year.
However, senior Russian officials have visited both Saudi Arabia and the UAE in recent weeks, according to the Russian sources, who spoke on condition of anonymity due to the sensitivity of the situation.
One source said there was still some opposition to the idea in Russia as some diplomats and intelligence officials were pointing to the close military and security links that both the Kingdom and the UAE have with the United States.
Saudi Arabia and the UAE did not respond to requests for comment. The Kremlin declined comment. But both Trump and Putin have developed friendly relations with rulers of Saudi Arabia and the UAE.
Trump said on Sunday that his administration had "meetings and talks scheduled with various parties, including Ukraine and Russia." When asked about those remarks, Kremlin spokesman Dmitry Peskov said that contacts were 'apparently planned'.
Saudi Crown Prince Mohammed bin Salman was the first foreign head of state Trump called after taking office. He described the Crown Prince as "a fantastic guy" during his speech via video link to an audience at the World Economic Forum in Davos.
Putin, who visited Saudi Arabia and the UAE in 2023, said last September that he was grateful to Mohammed bin Salman for helping to organise the biggest U.S.-Russian prisoner swap since the Cold War.
Putin and Mohammed bin Salman, also known as MbS, have fostered a close personal relationship since 2015 when the prince visited Russia for the first time.
PUTIN AND MBS
The relationship has helped the leaders of the world's two biggest oil exporters conclude and maintain the OPEC+ energy deal. Trump called on Saudi Arabia and OPEC to lower oil prices, a potential bargaining chip for Russia in the talks.
Both Mohammed bin Salman and UAE President Mohammed bin Zayed Al Nahyan have maintained neutrality throughout the Ukraine war, refraining from joining the West in criticizing and sanctioning Russia.
Both leaders have also maintained regular contacts with Ukrainian President Volodymyr Zelenskiy.
Mohammed bin Zayed Al Nahyan visited Russia several times during the war, saying during his last visit in October 2024 that he was ready to support efforts to find peace in Ukraine. The UAE also successfully mediated prisoner exchanges.
Neither country is a member of the International Criminal Court, which issued an arrest warrant for Putin, preventing his visits to a number of countries, including Brazil and South Africa.
At the current stage, the Russian sources dismissed Turkey, a NATO member that hosted failed peace talks between Russia and Ukraine in March 2022, as a possible venue.
Russian analyst Fyodor Lukyanov, the influential scientific director for the Valdai Discussion Club, whose members regularly meet Putin, said that Trump and Putin do not have much choice.
"Almost the entire West is involved on the side of Ukraine. Therefore, all the traditional venues where such things used to take place, like Helsinki, Geneva, and Vienna, are not suitable," he was quoted by official TASS news agency as saying.
Lukyanov noted that while Saudi Arabia and the UAE play a very important role, both are very close U.S. allies, which raises some questions from the Russian side.
"However, as a venue for negotiations, it is probably quite conceivable," he added. Lukyanov declined to comment to Reuters on this story.
(Reporting by Moscow Bureau; editing by Guy Faulconbridge, William Maclean)
