Trump Aide Talks Investment With Sanctioned Kremlin Fund
Source: Bloomberg
Anthony Scaramucci, aide to President-elect Donald Trump and founder of SkyBridge Capital, discussed possible joint investments in a meeting in Davos with the head of a Russian sovereign wealth fund that the U.S. sanctioned in 2015, the fund’s press service said.
The meeting with Kirill Dmitriev, head of the Russian Direct Investment Fund, a $10 billion state-run investment vehicle, is the first public contact between the incoming administration and Kremlin-backed business. Trump has suggested he could ease the sanctions on Russia if the Kremlin cooperates on his policy priorities. Scaramucci confirmed the Davos meeting.
In an interview with the Russian state news agency TASS Tuesday, he also criticized the sanctions as ineffective. Trump’s view about Russia is that “there’s probably shared values or shared interests, that we can align ourselves with each other and this could be mutually beneficial,” he said.
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Dmitriev’s fund said it’s organizing a visit by a delegation of top U.S. corporate executives to Russia and plans to open a representative office in New York in May. In an interview last week, Dmitriev said the visit would be aimed at highlighting the benefits of closer economic ties and could take place as early as this spring. The current U.S. administration has discouraged American business from working with the Kremlin in the wake of the sanctions it imposed after the Russian intervention in Ukraine starting in 2014.
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Read more: https://www.bloomberg.com/politics/articles/2017-01-17/in-davos-trump-aide-talks-deals-with-sanctioned-kremlin-fund
Trump has to get American money flowing into Russia ASAP, after the Kremlin reportedly poured money into his campaign in addition to all the other efforts to get him elected.
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