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Putin sees potential to work with Biden on power, security and more

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MOSCOW, Oct 13 (Reuters) – Russian President Vladimir Putin stated on Wednesday he noticed potential to work with the United States on a number of points from arms management to power and that he had established a stable working relationship with President Joe Biden.

Addressing an power convention attended by prime executives of Exxon Mobil (XOM.N) and different oil majors, Putin was largely silent on the various disputes which have pushed relations to post-Cold War lows, selecting as a substitute to focus on the potential to mend fences.

He stated Russia was prepared for constructive talks on arms management, and the 2 sides additionally had “objective mutual interests” in preventing terrorism and cash laundering, combating tax havens and stabilising power markets.

“These… will definitely lead one way or another to our relations being repaired, and the U.S. political establishment will stop speculating on U.S.-Russian relations to the detriment of its own interests and those of its companies,” Putin added, referring to U.S. sanctions which he stated had triggered Exxon Mobil to abandon profitable contracts in Russia.

He stated relations with Biden and his administration had been steady and constructive.

Biden this week despatched a prime Russia professional, Under Secretary of State Victoria Nuland, to Moscow for talks that failed to make important progress in a row over the dimensions and functioning of the 2 nations’ embassies in one another’s capitals.

Nuland stated on Wednesday she had had productive talks with Kremlin officers and that the United States was dedicated to having a “stable, predictable relationship” with Russia.

Ties are badly strained over a number of different points, together with cyber-attacks launched from Russia towards U.S. companies and the jailing of Alexei Navalny, Putin’s most outstanding home opponent.

Biden and Putin held a summit in June in Geneva, when the U.S. president stated Washington would discover out within the subsequent six months to a yr whether or not it was potential to set up a worthwhile strategic dialogue with Moscow.

Reporting by Vladimir Soldatkin and Alexander Marrow; further reporting by Gabrielle Tétrault-Farber; writing by Mark Trevelyan
Editing by Gareth Jones

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