Putin pitches trade deals to Trump in Alaska summit on Ukraine war

On Friday, Russian President 4vladimir Putin used his fans with President Donald Trump to suggest that the two leaders are cooperating in trade, so that he had not provided any details about the plans to end the war in Ukraine.

“We have a lot of dimensions for joint work,” Putin told the press after meeting with Trump for three hours in Ankarag, Alaska. “It is clear that the American and Russian trade cooperation has tremendous potential. We can offer each other in trade, digital, high technology and exploration.”

He also referred to the Arctic as a field of cooperation, saying that the time has come to “manage the page” on competition and build a relationship that depends on “cooperation”. Putin and Trump described the meeting as a “producer”, but he provided a few information about their main goal: a ceasefire in Ukraine could lead to a peace agreement.

“The understanding that we have reached here will help us approach the goal of peace in Ukraine [but] “All the radical causes of the conflict must be resolved,” Putin said.

From admiration to Alaska: A timetable for Trump and Putin, high -risk

Kirill Dimitriev, CEO of the Russian Direct investment Fund, who joined the delegation, claimed that Trump was open to economic cooperation. “It is extremely important for President Trump to determine the great economic potential for cooperation between the United States and Russia,” he said.

Trump, however, did not mention Putin’s proposals when he spoke to the press after that.

“We have a lot of dimensions for joint work,” Putin told the press after meeting with Trump for three hours in Ankarag, Alaska. (Reuters)

Putin’s economic stadium comes as Russia faces a mixture of flexibility and pressure. Western sanctions have reduced Moscow from many global markets, forcing it to redirect exports to Asia and relied heavily on energy sales to China and India.

Oil and gas revenues are still the backbone of Russia’s budget, but the low prices and the costs of preserving the war have expanded the largest of which are the largest in three decades. Inflation and interest rates are still high.

The Minister of Defense of NATO notes that “absolute lack of confidence” indicates that Putin wants any peace deal before the Trump Summit

Putin, the left, and Trump, the right, shook hands during their saying in Ancorag, Alaska aimed at settling the war in Ukraine. (Reuters)

Russia has faced sharp sanctions aimed at isolating it from the global market since the beginning of the war. Trump recently announced a 50 % tariff for Indian imports of the United States, noting a part of the purchase of India from Russian oil. He threatened the sanctions of a harsh external entity on other countries dealing with Russia, although it has not yet followed.

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At the same time, Russia has strengthened self -sufficiency in agriculture, technology and financing while deepening relations with non -Western partners. The ruble was volatile, and the country faces a shortage of employment as skilled workers continued to leave. However, spending in wartime and exporting energy in Moscow helped stabilize the main sectors and avoid economic collapse.