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    1. Home
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    3. >Russia says it's still open to holding summit with US in Budapest
    Headlines

    Russia Says It's Still Open to Holding Summit With US in Budapest

    Published by Global Banking & Finance Review®

    Posted on November 14, 2025

    1 min read

    Last updated: January 21, 2026

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    Tags:Presidentinternational capitalfinancial communityforeign currencybusiness investment

    Quick Summary

    Russia is open to a US summit in Budapest if properly prepared, based on previous agreements between Putin and Trump. Diplomatic contacts may continue.

    Russia Remains Open to US Summit in Budapest with Proper Preparation

    Prospects for a US-Russia Summit in Budapest

    MOSCOW (Reuters) -Russia said on Friday it remains open to the idea of a summit with the United States in Budapest if it is properly prepared and based on agreements reached at the previous meeting between presidents Vladimir Putin and Donald Trump in Alaska.

    Continued Diplomatic Contacts

    Foreign Ministry spokeswoman Maria Zakharova said contacts between Russian Foreign Minister Sergei Lavrov and U.S. Secretary of State Marco Rubio would continue if needed.

    Background on the Summit Announcement

    The two sides announced the planned summit last month but Trump cancelled it soon afterwards, saying he did not want it to be a waste of time.

    (Reporting by Dmitry Antonov; Writing by Gleb Stolyarov; Editing by Mark Trevelyan)

    Table of Contents

    • Prospects for a US-Russia Summit in Budapest
    • Continued Diplomatic Contacts
    • Background on the Summit Announcement

    Key Takeaways

    • •Russia is open to a US summit in Budapest.
    • •Proper preparation is required for the summit.
    • •The summit is based on previous agreements.
    • •Contacts between Lavrov and Rubio may continue.
    • •Trump previously canceled the planned summit.

    Frequently Asked Questions about Russia says it's still open to holding summit with US in Budapest

    1What is foreign currency?

    Foreign currency refers to the money used in a country other than one's own. It is often traded in foreign exchange markets and can be used for international transactions.

    2What is international capital?

    International capital refers to financial assets or investments that are transferred across borders for the purpose of earning returns, often involving foreign direct investment or portfolio investment.

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