Business news from Ukraine


The Russian-American summit in Geneva on June 16 will last five hours, according to the protocol program.
Russian President Vladimir Putin’s arrival at the Villa La Grande and a joint photo session with United States President Joe Biden and Swiss President Guy Parmelin are scheduled for 1:00 p.m. local time, according to documents released by the Kremlin press service ahead of the event.
The conversation between the U.S. and Russian presidents on the ground floor in a library is due to begin at 1:15 p.m.
The Russian-U.S. talks in an expanded format are schedule to begin at 2:30 p.m.
These talks will resume after a break at 4:15 p.m.
The Russian president’s press conference is due to begin at 6:00 p.m.

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A meeting between U.S. President Joseph Biden and Russian President Vladimir Putin, scheduled for June 16 in Geneva, will be devoted to developing rules for their confrontation that are manageable and predictable for both sides, both in Ukraine and on a number of other international issues, political scientist believes, Director of the Institute of Global Strategies Vadym Karasiov said.
“The point of the Biden-Putin meeting will be to develop rules for the confrontation between the United States and Russia so that this confrontation is manageable. This also applies to Ukraine, judging by Putin’s recent interview. It should be understood that Ukraine remains for a long time a territory where the interests of the United States and Russia will come into contact. It is important for Biden and Putin to understand the limits of this influence and to make the overlapping of their interests more predictable and manageable and not turn into direct or even military clashes,” “Karasiov told Interfax-Ukraine.
According to him, it will also be important for the Russian President to hear from the U.S. President about his plans to provide Ukraine with the NATO Membership Action Plan (MAP).
According to political scientist, Director of the Ukrainian Barometer sociological service Viktor Nebozhenko, “one should not expect sensations from the meeting between Biden and Putin, although the background itself and the upcoming negotiations will be quite sharp.”
“There are exaggerated expectations against an overly aggressive background. Biden fears the Republican party, which, criticizing him, is gaining strength. In turn, Putin fears losing control over gas transit, as once happened with Gorbachev [Soviet President Mykhail Gorbachev]. As a result of their meeting, there will be no easy decisions on certain issues. There will be an intricate text of the communique, a general press conference, but we will not get something that would give us the opportunity to draw quick conclusions,” Nebozhenko said.
According to the political scientist, “sensations should be expected by the autumn.” “After Putin and Biden, other players will come to the fore, namely, China, the EU countries, even Ukraine, each with its own political party.”
According to expert of Hardarika Strategic Consulting Corporation Kostiantyn Matviyenko, in the conversation between the presidents of Russia and the United States around Ukraine, the key issue will be the Nord Stream 2 gas pipeline on the bottom of the Baltic Sea.
“They will try to find such a mechanism so that Russia does not ‘lose face’ in the gas pipeline construction, and the United States can show that they ensure the security of Ukraine,” he told the agency.
Matviyenko said the leaders of Russia and the United States will focus, in addition to Ukraine, on the issue of resuming the nuclear deal with Iran, the Russian initiative to ease sanctions, “since they are” hitting “its technical capabilities in the military sector,” as well as Russia’s access to world food markets and seeking informal quota arrangements.
According to PhD in Political Science, political scientist Ihor Petrenko, the talks between the presidents of the United States and Russia “will most likely focus on environmental issues, since it is in this that they can reach consensus and progress.”
“If you recall, Putin devoted a significant part of his address to the Federal Assembly in April to ecology. It was a kind of pass towards Biden. And ecology is one of the electoral promises of the U.S. leader, important for his political agenda,” he told Interfax-Ukraine.

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President of Ukraine Volodymyr Zelensky called the proposal of U.S. President Joe Biden to hold a meeting with Russian President Vladimir Putin in a third country as correct, since this dialogue could “resolve a number of issues.”
“I believe that this [Biden’s intention to meet with Putin on the territory of a third country] is correct. This is very […] timely, very important […] I think this could solve a number of issues, because there should be a dialogue between these countries. Sometimes, when such large states do not communicate, others suffer. Believe us, we understand that,” Zelensky said at a briefing following talks with French President Emmanuel Macron in Paris on Friday.
At the same time, Zelensky said that if during the meeting the leaders of the United States and Russia raise the issue of Ukraine, which may well be relevant, then the discussion will not be “so substantive and correct.”
“It [the issue of Ukraine] will not be substantive, it will not be correct, and this will once again show that large countries are in size, they think that everything is around them, but it seems to me that the world is much larger,” the president said.

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There are no specific plans for a possible meeting between the presidents of Russia and Ukraine, Vladimir Putin and Volodymyr Zelensky, as of yet, Kremlin spokesman Dmitry Peskov told the press on Tuesday. “There are more questions than answers. There are no plans concerning a possible meeting with President Zelensky as of yet,” Peskov said.

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U.S. President Donald Trump and Russian President Vladimir Putin discussed Iran, Ukraine, Syria, and Venezuela at their talks on the sidelines of the G20 summit in Osaka on Friday, the White House said in a report. “They also discussed the situations in Iran, Syria, Venezuela, and Ukraine,” the White House said.
The presidents also exchanged opinions on issues such as bilateral relations and arms control, it said.
The meeting between Trump and Putin continued for almost an hour and a half.

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Russian President Vladimir Putin said he does not rule out the possibility of a meeting and talks with Ukrainian President-elect Volodymyr Zelensky.
“If we meet someday, begin some talks, and I’m not ruling this out, then we must talk how to end the conflict in southeastern Ukraine in the first place,” Putin said at press conference following his visit to China.
“Unfortunately, Mr. Zelensky has already made a statement before the election that he, firstly, is not going to sign a decree on a bill on amnesty and, secondly, [is not going] to grant special status to those territories [certain areas of Donetsk and Luhansk regions of Ukraine],” Putin said.
“Both are the key elements of the content of the Minsk Agreements and how can the issue of the LPR and the DPR be resolved without implementing the Minsk Agreements?” the Russian president said.
“I would gladly ask him these question, discuss these matters with him,” Putin said.
Mentioning that the majority of Ukrainian citizens voted for Zelensky, the Russian president expressed the opinion that “first and foremost, the people expect the future Ukrainian political leadership to resolve these issues.”
“Everyone is fed up with this conflict, everyone is tired of it, and everyone expects this from the new political leadership, including the future president,” Putin said.
“But if from the very threshold, from the start the future president says he is not going to implement the Minsk Agreements, how will he resolve this issue then? I would be glad to discuss that with him, I would like to understand his stance,” the Russian president said.