Following a meeting with U.S. President Donald Trump in Alaska, Vladimir Putin reported a notable growth in trade relations between the two countries, evident despite sanctions.
Symbolic Trade Growth Between Countries
Vladimir Putin highlighted the growth in trade between Russia and the U.S., which, while still symbolic, saw a 20% increase. He remarked on this after his meeting with Trump in Anchorage.
Increase in Trade Volumes in the First Half of 2025
Trade between Russia and the U.S. rose nearly a third during the first half of 2025 compared to the same period in 2024, reaching $2.8 billion. Key Russian exports included platinum, fertilizers, and enriched uranium, while U.S. imports comprised pharmaceuticals and medical equipment.
Prospects for Further Cooperation
Putin noted that Russia and the U.S. have many areas for potential cooperation, including trade, energy, digital industry, high technology, and space exploration. Future collaboration may involve regions such as Russia's Far East and the U.S. West Coast.
Trade relations between Russia and the U.S. show positive trends, despite ongoing economic restrictions and geopolitical tensions.
