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MNI Biden-Putin Meeting Preview: Carrot & Stick...or Fire & Brimstone?

US-RUSSIA

16/06/21: 1200BST-1600BST


  • Amid burgeoning pressure at home and from NATO to take a hardline stance on Russia, Biden may rather opt for a carrot and stick approach with Russia in the first stage of bilateral contacts – opting creating an effective platform for future dialogue, rather than burn bridges.
  • Russia's fevered efforts to downplay expectations for immediate progress, de-dollarise and implement effective sanctions buffers bely underlying concerns of more sanctions in the pipeline, but a hardline approach may not currently be in the US' best interests.
  • Here, we see Biden trying to deliver a moderately firm stance on key issues such as cyber security, regional aggression vs Ukraine & NATO and Navalny without deliberately aggravating geopolitical instability for the sake of domestic approval.
Full Preview Here:

Biden-Putin Meeting 16.06.21.pdf

MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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