The White House is drafting a plan to potentially ease sanctions on Russia, aimed at restoring relations with Moscow and pushing for an end to the Ukraine conflict. This measure marks an important step for the Trump administration in its diplomatic and economic relations with Russia.

1. Background and motivation for the relaxation plan of sanctions:

A US official and insider revealed on Monday (March 3) that the White House has requested the State Department and the Treasury Department to draft a possible list of relaxed sanctions for discussion with Russian representatives. This plan is part of the extensive talks between the United States and Russia on improving diplomatic and economic relations. The Trump administration hopes to pave the way for a potential agreement with Moscow by easing sanctions.

2. Specific content of relaxed sanctions:

Sources say that the sanctions office is drafting a proposal aimed at lifting sanctions on specific entities and individuals, including some Russian oligarchs. Although such option documents are usually drafted by officials responsible for sanctions, recent clear demands from the White House highlight Trump and his advisers' willingness to ease sanctions.

3. Possible exchange conditions and implementation paths:

It is currently unclear what Washington may specifically seek in exchange for any lifting of sanctions. Former head of the Office of Foreign Assets Control at the Treasury Department, John Smith, stated that Trump may issue an executive order allowing the government to begin easing some sanctions on Russia, but still requires congressional approval to lift sanctions on certain entities.

4. Russia's response and intention to cooperate:

Russia maintains an open attitude towards economic cooperation. The Kremlin stated last week that Russia has a large amount of rare earth metal deposits and is open to reaching development agreements. Putin has previously proposed the possibility of such cooperation with the United States. Any formal economic agreement with Moscow may require the United States to ease sanctions.

5. Reactions from all parties and future prospects:

The White House, State Department, Treasury Department, and Russian Embassy in Washington did not immediately respond to requests for comment. However, the proposal of this plan undoubtedly provides new possibilities for improving US Russia relations, although its implementation path and specific details still need to be further clarified.

Summary:

The White House drafting a plan to ease sanctions on Russia marks a possible new turning point in US Russia relations. Although the specific details and implementation path are not yet clear, this measure undoubtedly opens up new possibilities for cooperation between the two countries in the diplomatic and economic fields. In the future, the further development of US Russia relations will depend on specific negotiations and compromises between the two sides on easing sanctions and potential agreements.

If the United States relaxes its sanctions against Russia, US Russia relations may ease, which will reduce geopolitical risks in the European region (especially the Ukraine crisis). As a neighbor of Russia, the easing of geopolitical risks in the eurozone may boost market confidence in the euro.

In addition, if US Russia relations improve and global geopolitical risks decrease, the demand for safe haven in the US dollar may weaken, leading to a weakening of the US dollar. The weakening of the US dollar usually indirectly boosts the euro exchange rate.

On Monday, the euro rose more than 1% against the US dollar, closing at 1.0490. On Tuesday morning in the Asian market, the euro fluctuated narrowly against the US dollar.