Russia Wealth Fund to Assist US on Diesel Payments
The US Treasury has asked Russias sovereign wealth fund to help resolve payment issues for a bilateral diesel deal. Kirill Dmitriev stated that the fund will facilitate efficient transactions despite ongoing sanctions.
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The United States Treasury has asked Russia's sovereign wealth fund to help solve payment issues for a bilateral diesel deal, investment envoy Kirill Dmitriev said on Friday afternoon. The arrangement aims to lower fuel prices ahead of upcoming legislative elections. Investors are weighing whether the pact can survive impending legislative hurdles and sweeping sanctions on Moscow.
