Inbizzy, Washington, Donald Trump, recently reached out to Russian President Vladimir Putin to discuss several key topics, including economic cooperation, international security, and global energy stability. The phone call comes amid strained relations between Russia and the US, triggered by international sanctions, the trade war, and uncertainty in the global energy market.
Trump, known for his aggressive economic policies, sought to initiate dialogue with Russia in an effort to improve strained trade relations. Energy and technology were the main areas of focus during the conversation, as both sectors offer significant potential for bilateral cooperation.
However, despite efforts to make progress, Trump expressed his disappointment after the conversation.
— “I’m very disappointed. We didn’t make any progress. I tried, but he (Putin) wouldn’t budge,” — Donald Trump, dikutip oleh Bloomberg Technoz
Economic Cooperation: Potential and Challenges
The economic relationship between Russia and the US is complex and often fraught with tension. The main sources of friction are the international sanctions imposed by the US, as well as the opposing trade policies that have hampered growth in bilateral trade. Trade wars, tariffs, and regulatory uncertainty have been major obstacles to business cooperation in many sectors.
However, during the conversation, Trump sought to shift the focus to constructive cooperation, particularly in sectors that could provide direct economic benefits for both countries, such as energy and technology.
Energy Sector: Maintaining Global Supply and Price Stability
One of the primary topics discussed between Trump and Putin was global energy supply, a sector that is crucial for both nations. Russia is a major producer of oil and gas, while the US, under Trump’s policies, has seen a significant increase in its energy production, particularly in shale oil.
Trump hoped that by reducing tensions in bilateral relations, both countries could work together to stabilize energy prices and increase energy supply in the global market. Energy collaboration could offer a solution to the price fluctuations that risk destabilizing the world economy. Furthermore, cooperation in energy could open up new opportunities for investment and energy trade, benefiting both countries and positively impacting the global market.
Technology Sector: Innovation and Joint Development of Technology
In addition to energy, Trump also discussed cooperation in the technology sector, which is seen as another area with immense potential. In recent years, both countries have been in intense competition in the high-tech sector, particularly in artificial intelligence (AI), 5G, and digital communications.
Trump hopes that increased technological collaboration between Russia and the US could pave the way for joint investment in research and development of technology, leading to joint innovations that would benefit both parties. This collaboration could also reduce barriers to technological competition, which is growing more intense globally.
However, tensions related to technology sanctions and export restrictions on technology products from the US to Russia remain a major obstacle. Trump hopes that this conversation can help create new agreements that will allow for further collaboration in this sector.
Hopes for Future Economic Cooperation
While the conversation ended in disappointment for Trump, who expressed that no progress was made, there remains hope for further discussions in the future. Trump is known for his direct approach and willingness to confront challenges, even when facing deadlocks.
Both countries have significant potential to cooperate in various economic sectors that could provide long-term benefits. Despite the complexity of the political dynamics between Russia and the US, sectors such as energy and technology still present the most promising areas for collaboration.
The phone call between Donald Trump and Vladimir Putin reflects an attempt to repair trade relations that have long been hindered by international sanctions and conflicting trade policies. With energy and technology as primary focuses, both countries have great opportunities to strengthen their economic cooperation, benefiting not only Russia and the US but also global economic stability. Although the conversation ended in disappointment, there is hope that further dialogue could pave the way for stronger and more constructive cooperation in the future.
