The Los Angeles Post
U.S. World Business Lifestyle
Today: March 26, 2025
Today: March 26, 2025

Russia's Siluanov visits Saudi Arabia ahead of Russia-US talks

Congress of the Russian Union of Industrialists and Entrepreneurs in Moscow
February 16, 2025
Reuters - Reuters

MOSCOW (Reuters) - Russian Finance Minister Anton Siluanov visited Saudi Arabia on Sunday ahead talks between Russia and the United States in the Kingdom scheduled for next week.

Siluanov was speaking at an event called AlUla Conference for Emerging Market Economies, organised by the Saudi Ministry of Finance and the International Monetary Fund.

U.S. and Russian officials will meet in Saudi Arabia in the coming days to start talks aimed at ending the nearly three-year war in Ukraine, a U.S. lawmaker and a source familiar with the planning said on Saturday.

Russian First Deputy Prime Minister Denis Manturov had held talks with President of United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan on February 15 in the United Arab Emirates.

Siluanov and the central bank's governor Elvira Nabiullina also met UAE Vice President Sheikh Mansour bin Zayed Al Nahyan, alongside Manturov, according to the Russian government's statement.

Speaking at an event in Saudi Arabia, Siluanov highlighted Russia's willingness to restructure the debt of foreign countries.

"During the last 25 years we restructured debt of 22 countries for the amount of almost $30 billion. A similar amount we had restructured through bilateral agreements," Siluanov said. (This Feb. 16 story has been corrected to clarify the date of the meetings as February 15 in paragraph 4, and to say that the Russian finance minister and central bank governor took part in a meeting with UAE vice president in paragraph 5)

(Reporting by Gleb Bryanski; Editing by Guy Faulconbridge)

Related Articles

How Trump friend Steve Witkoff ended up at the center of high-stakes Ukraine, Israel negotiations Russia's Siluanov visits Saudi Arabia ahead of Russia-US talks The art of the deal? Zelenskyy says a Ukraine-Russia agreement must come through Trump negotiations Trump says Russia should be readmitted to G7
Share This

Popular

Asia|Business|Economy|Finance|Political|World

Vietnam says to cut tariffs on several U.S. products

Vietnam says to cut tariffs on several U.S. products
Americas|Business|Economy|Finance|Political|US

Oil edges higher on tighter supply concerns

Oil edges higher on tighter supply concerns
Australia|Business|Economy|Finance

Australian inflation slows in February, helped by housing, electricity

Australian inflation slows in February, helped by housing, electricity
Asia|Business|Economy

BOJ to keep raising interest rates if economy on track, Governor Ueda says

BOJ to keep raising interest rates if economy on track, Governor Ueda says

MidEast

Crime|Education|MidEast|Political|US

Judge rules pro-Palestinian student and permanent US resident cannot be detained

Judge rules pro-Palestinian student and permanent US resident cannot be detained
MidEast|Political|US

Pentagon's Hegseth in spotlight as officials deflect blame over leaked Yemen chat

Pentagon's Hegseth in spotlight as officials deflect blame over leaked Yemen chat
Crime|Europe|MidEast|Political|World

Turkey's opposition leader visits jailed Erdogan challenger Istanbul Mayor Ekrem Imamoglu

Turkey's opposition leader visits jailed Erdogan challenger Istanbul Mayor Ekrem Imamoglu
MidEast|Political|US

Trump downplays national security team texting military operation plan on Signal as a minor 'glitch'

Trump downplays national security team texting military operation plan on Signal as a minor 'glitch'