Russia, US to announce new joint initiatives soon, Putin envoy says
Kirill Dmitriev said sanctions are slowing progress as the two countries weigh broader economic cooperation and possible data center projects with small-scale nuclear power plants.
- On Friday, President Vladimir Putin's investment envoy Kirill Dmitriev announced Russia and the United States are discussing new joint projects, including nuclear-powered data centres using Russian nuclear power plants, following last week's diesel agreement.
- The US Treasury requested the Russian Direct Investment Fund to facilitate payments for the diesel deal, which aims to lower fuel prices ahead of next month's mid-term elections.
- Dmitriev criticized the Graham Act signed last month by President Donald Trump as "misguided," arguing that "so many layers of sanctions piled on top of one another" complicate investment pathways.
- Ukrainian President Volodymyr Zelenskiy criticized the diesel deal for requiring sanction removals, while Ukraine attacked Russian data centres this month in response to strikes on its own sites.
- Dmitriev stated proposed projects will launch before the end of what Moscow calls its "special military operation," positioning transactional energy deals as a model for maintaining bilateral economic ties.
45 Articles
45 Articles
Russia and US May Announce Joint Data Center Projects, Kremlin Envoy Says
Russia and the US are negotiating joint initiatives focused on data center infrastructure, according to statements made by Kirill Dmitriev, a special envoy for Russian leader Vladimir Putin, on October 16.
According to the diesel deal, Russia and the US are thinking about further joint projects. Among other things, projects in the area of data centres are to be discussed, as Russian investment officer Kirill Dmitryev explains. US sanctions do not appear to constitute an obstacle. Despite US sanctions, both sides are examining how countries could cooperate, said Dmitryev on Friday. Among other things, joint projects in the area of Russian and US da…
According to the Special Representative of the President of the Russian Federation for Investment and Economic Cooperation with Foreign Countries, the head of the Russian Federation, Kirille Dmitriev, is currently discussing cooperation in the field of date-centres in Moscow and Washington.
Ukrainian President Volodymyr Zelensky has criticized the agreement between US President Donald Trump and Russian President Vladimir Putin to supply Russian diesel to world markets. According to Zelensky, the deal will bring additional revenues to Moscow, which can be used to finance the war in Ukraine. “Now we see how the funds will start to return to Russia through the diesel deal,” Zelensky told reporters on the sidelines of a summit of EU le…
Russian President Vladimir Putin's special envoy Kirill Dmitriyev announced on Friday that Russia and the United States are discussing several new joint projects, including nuclear-powered data centers, following the diesel agreement signed last week.
THE AGREEMENT on fuel supplies has drawn criticism from Ukrainian President Volodymyr Zelensky, European officials and some Republicans in the US.
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