Op-Ed: “More Respect for Russia Would Go a Long Way”
Vladislave Inozemtsev, a participant in our recent “Russia as a Global Power” conference recently wrote in The Moscow Times:
Although the “reset” in U.S.-Russian relations has been sapped dry, Moscow and Washington can still find ways to cooperate on combating global terrorism, arms control and the resolution of regional conflicts. The time has come to set the agenda for such talks. Considering, however, how deeply President Vladimir Putin has taken offense with Washington over the U.S. Magnitsky Act, it would be unrealistic to expect constructive proposals from Russia anytime soon. That means the initiative should come from the U.S. side. The U.S. should take the first step because Russia is not an enemy or even a threat.
Russia wants to build a global financial center in Moscow, but it turns out that even tiny Cyprus is more of a financial center for Russian businesses and depositors than Moscow. Russia believes that it will supply Europe with oil and gas forever, but the first wave of European Union states will largely switch to buying shale oil and gas from the U.S. or switch to renewable and alternative sources of energy by 2025.
The main problem that the West currently faces with regard to Russia is not its strength, but its instability. Russia’s position today is closer to that of the Soviet Union of 1988 than 1962. Given this situation, the new U.S. strategy toward Russia could be based on three fundamental policies…