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Russian presidential assistant Yuri Ushakov confirmed on October 28 that Russia is in discussions with the US government to lift sanctions against Russian sovereign wealth funds and Russian direct investment funds. Russian media quoted Ushakov as reporting that negotiations between Russia and the US “have been going on for some time.” Kirill Dmitriev, the head of the Russian Direct Investment Fund and Russian President's Special Representative responsible for foreign investment and economic cooperation, is in “active contact” with the US, but it is unclear when the results will come.

Zhitongcaijing·10/29/2026 12:09:29
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Russian presidential assistant Yuri Ushakov confirmed on October 28 that Russia is in discussions with the US government to lift sanctions against Russian sovereign wealth funds and Russian direct investment funds. Russian media quoted Ushakov as reporting that negotiations between Russia and the US “have been going on for some time.” Kirill Dmitriev, the head of the Russian Direct Investment Fund and Russian President's Special Representative responsible for foreign investment and economic cooperation, is in “active contact” with the US, but it is unclear when the results will come.