The Kremlin has prepared a memorandum with proposals for economic partnership with the US, reported Bloomberg, citing a document that was circulated among high-ranking Russian officials.
The document indicates that Russia is ready to cooperate with the US on seven fronts:
- contracts for the modernization of the Russian aircraft fleet and US participation in Russian production;
- joint oil and gas projects, including offshore extraction;
- preferential conditions for the return of US companies to the consumer market in Russia;
- cooperation in nuclear energy, including projects involving artificial intelligence;
- Russia's return to transactions in dollars, including in Russian energy deals;
- cooperation in rare metals, such as lithium, copper, nickel, platinum;
- joint promotion of fossil fuels in the fight against more environmentally friendly alternatives.
As Bloomberg notes, the memorandum was prepared in 2026, citing "Meduza". Currently, Russia and the US are negotiating potential economic agreements between the countries, which are planned to be concluded as part of a future agreement to end the war between Russia and Ukraine.
The agency notes that Russia's return to dollar transactions "would signify a radical shift in the Kremlin's policy" and could lead to a "major upheaval in global finance." Bloomberg's sources in the West doubt that Russian President Vladimir Putin will ultimately agree to a deal that contradicts Beijing's interests.
The press secretary of the President of the Russian Federation, Dmitry Peskov, did not respond to the agency's request.
As The Bell notes, the share of the ruble in Russian exports grew to 57.4% by September 2025, with 99% of trade with China conducted in yuan and rubles.
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