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Russian wealth fund chief points to Saudi Arabia as a precedent for repairing relations with the US

Russian wealth fund chief factors to Saudi Arabia as a precedent for repairing relations with the US

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  1. This is the best tl;dr I could make, [original](https://www.cnbc.com/2019/10/13/rdifs-dimitriev-saudi-arabia-a-precedent-for-fixing-us-russia-relations.html) reduced by 83%. (I’m a bot)
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    > The head of Russia's $10 billion state investment vehicle is optimistic about repairing relations with Washington, he told CNBC on Sunday, pointing to Moscow's growing bond with Saudi Arabia as a precedent.

    > The last few years, by contrast, have seen the creation of a historic oil production alliance led by Riyadh and Moscow, increased trade and investment, and the first state visit by a Saudi monarch to Russia.

    > RDIF already has investment partnerships with Saudi Arabia's sovereign wealth funds, PIF and SAGIA. Saudi Aramco has made moves to invest in Russia's energy industry, with the two companies agreeing on terms of an investment into Russian oilfield services firm Novomet earlier this year.

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    [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/dhtj3s/russian_wealth_fund_chief_points_to_saudi_arabia/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ “Version 2.02, ~434545 tl;drs so far.”) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr “PM’s and comments are monitored, constructive feedback is welcome.”) | *Top* *keywords*: **Saudi**^#1 **Russia**^#2 **investment**^#3 **Arabia**^#4 **U.S.**^#5

  2. “The head of Russia’s $10 billion state investment vehicle is optimistic about repairing relations with Washington, he told CNBC on Sunday.
    Dmitriev pointed to his country’s blossoming friendship with Saudi Arabia — something that only four years ago was in serious doubt, given the animosity between the two during the Cold War.

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