US Weighs Easing Sanctions on Russian Direct Investment Fund

Dragon Media News Desk

The US administration is considering whether to ease sanctions on the Russian Direct Investment Fund, The New York Times reported, citing sources.

An unnamed US administration official said Washington was reviewing the fund’s request for sanctions relief as part of efforts to improve relations between the United States and Russia. No formal decision has been announced.

The report also discussed the role of Kirill Dmitriev, the fund’s chief executive and a special envoy of the Russian president for investment and economic cooperation with foreign countries. The official reportedly spoke positively of Dmitriev’s work with the United States toward resolving the Ukraine crisis.