Russia

The American Chamber of Commerce in Russia (AmCham Russia) is calling for the removal of sanctions on the countrys aviation sector, citing a humanitarian necessity to prevent potential plane crashes, AmCham Russia president Robert Agee said in an interview published Friday.First of all, we ask for sanctions to be lifted in the aviation sector: this concerns both the supply of spare parts and technical support for aircraft, Agee told the RBC news website.This is less about business ambitions and more about a humanitarian necessity, as ordinary citizens suffer the most, he added.Russias civil aviation sector has been among the hardest hit by Western sanctions,which have cut off the supply of planes and parts to Russia, forcing airlines to operate fewer flights and cannibalize planes for spare parts.Agee said AmCham Russia is also advocating for the removal of an investment ban on United States companies in Russia, lifting sanctions on Russian banks to restore cross-border payments and resuming the supply of luxury goods.Were currently drafting a so-called white paper for the United States government, analyzing the challenges American companies have faced over the past three years and which sanctions have impacted them the most, he said.AmCham Russias appeal comes as United States President Donald Trump pursues talks with President Vladimir Putin about ending the war in Ukraine, which the Kremlin has described as a potential step toward restoring bilateral relations.Reuters, citing anonymous sources, reported this week that the White House had instructed the United States State and Treasury departments to compile a list of entities and individuals eligible for potential sanctions relief.
United States officials would use the list in discussions with their Russian counterparts as part of broader diplomatic and economic negotiations, the report said.The Kremlin later said that sanctions relief was a prerequisite for normalizing United States -Russia relations.Last months first direct United States -Russia talks since the full-scale invasion of Ukraine were accompanied by a wave of Russian media reports claiming that Western companies were eager to return to the country amid hopes of easing geopolitical tensions.Putin has called for a regulatory framework to facilitate the return of Western companies while ensuring an advantage for domestic manufacturers.Agee estimates that around 150 United States companies have left Russia, while an equal number continue to operate there.
Another 50 are officially registered in Russia.





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