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29 Apr, 2008 20:46

Russia and U.S. resume trade talks

Russia and the U.S have resumed investment and trade talks at the first meeting of the Russo-American Economic Dialogue in Washington D.C.

Presidents Putin and Bush agreed to re-launch economic discussions when they met in Sochi three weeks ago.

The talks in Washington covered ways to improve investment and dialogue between the business communites in both countries. They also looked at Russia's bid to join the World Trade Organisation.

Russia's First Deputy Minister of Foreign Affairs, Andrei Denisov, said the aim was to stay away from politically sensitive areas.

“Both sides, the U.S. State Department and Ministry of Foreign Affairs of Russia, are trying to ensure smooth transition in a two-way dialogue in such areas which are not so politicised, like trade policy issues and economic co-operation,” he said.