News > Trump may better ties but unlikely to lift curbs on Russia, says CEO of VTB

Trump may better ties but unlikely to lift curbs on Russia, says CEO of VTB

The Hindu | 03/12/2024 01:28 PM | Click to read full article

The next US administration may make an effort to ease tensions with Moscow but Western sanctions are unlikely to be lifted any time soon, Andrei Kostin, the CEO of Russia’s second-largest bank, VTB, has said. Mr Kostin, one of Russia’s most influential bankers and a former diplomat who served in Australia and Britain, said he believed US President-elect Donald Trump would make a genuine effort to end the conflict in Ukraine.

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