Tuesday, 02 January 2024 12:17 GMT

Kremlin Welcomes Investment: US Plans Major Russian Ventures


(MENAFN- Khaleej Times)

The Kremlin said on Thursday that Russia was open to foreign investment after a Wall Street Journal report that US President Donald Trump's plan for peace in Ukraine includes major proposals to invest in Russian rare earths and energy.

The newspaper said the plans were detailed in appendices to peace proposals handed to European counterparts over recent weeks.

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They include a plan to restore Russian energy flows to Europe and for US financial firms and other businesses to tap $200 billion of frozen Russian sovereign assets for projects in Ukraine, the paper said.

Russia, Kremlin spokesman Dmitry Peskov said, was interested in foreign investment. Asked about the US frozen asset proposals reported by the Journal, Peskov declined comment.

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Khaleej Times

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