Russia hopes Trump win offers chance of better US relations

Russia hopes Trump win offers chance of better US relations
Moscow's Kremlin sounds support for a new relationship with US under President Donald Trump.
By bne IntelliNews November 9, 2016

A few hours after Donald Trump’s presidential election win became clear, Russian President Vladimir Putin said he hoped the new US leader would make good on his pledge to improve frayed relations between his country and the United States. Deputies in the parliament in Moscow, meanwhile, erupted in applause at the news.

“Russia is ready and wants to restore fully fledged relations with the US. It won’t be easy, but we’re prepared to do our part,” Putin said at the Kremlin. “This would serve the interests of the Russian and American peoples, as well as positively impacting the general climate in international affairs, taking into account Russia and the US’s special responsibility to support global stability and security.”

During a campaign focused heavily on domestic issues, Trump made it clear he did not want confrontation with Russia and saw in Putin a man he can do business with as president. His remarks caused alarm especially among countries in Central and Eastern Europe that are feeling threatened by Moscow’s increasingly aggressive foreign policy.

Trump said he would if elected review the economic sanctions imposed on Russia during the Ukraine crisis, work closer with Russia in Syria, and potentially recognise Moscow’s March 2014 annexation of Crimea.

Amid mixed first financial reactions in Russia to Trump’s victory, the country's political circles welcomed the event, which is widely seen to play to Moscow's advantage compared with the more strident stance that had been expected under a Hillary Clinton presidency. 

Before the elections, Putin also made his preference clear. Speaking to journalists in October, he said that “Ms Clinton chose her aggressive rhetoric and aggressive stance with regard to Russia, and Mr Trump, on the contrary, is calling for cooperation, at least against terrorism.” Russia was not interested in quarrelling constantly with anyone, “which only creates threats to oneself and the world”, he added.

Historically, Russia and the Soviet Union had always found it easier to make deals with the Republicans than with the Democrats. Taking a swing at the supposedly cosy relationship forming between Putin and Trump, the Russian leader even featured in a recent episode of the hit US cartoon series “The Simpsons” boosting the billionaire.

Meanwhile, as the results of the US voting came in, Duma speaker Vyacheslav Volodin said he hoped the new president could help bring US-Russian relations back from their lowest ebb in years, and seen by many as being at their worst since the Cold War.

“Current Russian-US relations cannot be called friendly,” TASS quoted Volodin as saying. “One would like to hope that a more constructive dialogue between the two countries will be possible when the new president takes office. The Russian parliament will welcome and support any steps along these lines.”

News

Register here to continue reading this article and 2 more for free or 12 months full access inc. Magazine and Weekly Newspaper for just $119/year.

If you have already registered, enter the information below with the same email you used previously and you will be granted immediate access.

IntelliNews Pro subscribers click here

Thank you. Please complete your registration by confirming your email address. A confirmation email has been sent to the email address you provided.

Thank you for purchasing a bne IntelliNews subscription. We look forward to serving you as one of our paid subscribers. An email confirmation will be sent to the email address you have provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

IntelliNews Pro subscribers click here

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

If you have already registered, enter the information below with the same email you used previously and you will be granted immediate access.

Thank you. Please complete your registration by confirming your email address. The confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss