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Alaska meet: Vladimir Putin reveals US-Russia trade grew by 20% after Trump came to power again; calls for wider cooperation

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NEW DELHI: Russian President Vladimir Putin on Saturday said Moscow and Washington have several areas for possible cooperation, including trade, technology and space, after meeting US President Donald Trump in Alaska.

"Incidentally, when the new administration came to power (in the US), bilateral trade started to grow. It's still very symbolic. Still, we have a growth of 20 per cent," Putin said.

It is worth noting that the United States, on top of the 25 per cent tariff already imposed, announced an additional 25 per cent tariff on most imports from India on August 6 for buying Russian oil.



"We have a lot of dimensions for joint work. It is clear that the US and Russian investment and business cooperation has tremendous potential," he added at a press conference after his talks with Trump.

Putin said both countries could work together in other areas. "Russia and the US can offer each other so much in trade, digital, high tech and in space exploration. We see that Arctic cooperation is also very possible, in our international context. For example, between the far east of Russia and the West Coast of the US," he said.

The much-anticipated summit between US President Trump and Russian leader Putin took place on Saturday. Trump welcomed Putin to Alaska, but the summit ended without any clear progress on efforts to halt the war in Ukraine.

Putin, welcomed into the US after being shunned by Western allies since early 2022 for ordering the invasion of Ukraine, thanked Trump for hosting the meeting and suggested with a chuckle that the next time the two sit down it could be in Moscow.
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