politics
February 20, 2026
Putin envoy calls Economist claim of Russia-US deal for sanctions relief ‘fake news’
The Economist’s claim that Russia offered a $12 trillion deal to the US to lift sanctions is “fake,” Kirill Dmitriev has said
TL;DR
- Kirill Dmitriev, Putin's special envoy, refutes The Economist's report of a $12 trillion Russian offer for sanctions relief, calling it 'fake news.'
- Dmitriev states that lifting sanctions is economically beneficial for the US, costing American businesses over $300 billion.
- He suggests the value of potential US-Russia projects exceeds $14 trillion.
- Moscow is interested in reviving trade, economic, and investment partnerships with the US, believing it can be mutually beneficial.
- Foreign Minister Sergey Lavrov expressed caution, noting that US sanctions and economic pressure conflict with prospects for mutually beneficial ties.
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