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Russia and America discuss joint economic initiatives

Russia and America discuss joint economic initiatives

The Russian presidency announced that Russian President Vladimir Putin and his American counterpart Donald Trump discussed, during a phone call, the preparation of joint economic initiatives, in light of moves to explore areas of cooperation between the two countries after years of sanctions and political disputes.

Kremlin spokesman Dmitry Peskov said in a press conference on Saturday that the two sides are discussing projects that could achieve mutual benefits, without disclosing details of the investments or targeted sectors.

The implementation of any initiatives remains linked to the nature of future understandings and the restrictions imposed on economic transactions between the two countries.

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