'It is impossible' for US-Russia relations to improve while sanctions are in place, Deripaska says

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'It is impossible' for US-Russia relations to improve while sanctions are in place, Deripaska says
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Russian tycoon Oleg Deripaska, a close confidant of Russian President Vladimir Putin, said on Sunday that Moscow and Washington are more interested in 'muscle-flexing' than improving their relationship.

Russian tycoon Oleg Deripaska, a close confidant of Russian President Vladimir Putin, said on Sunday that Moscow and Washington are more interested in"muscle flexing" than improving their relationship.

Deripaska on Friday filed a lawsuit against the U.S. Treasury Department to lift the sanctions it placed on him last year as part of a wider retaliation for Russian interference in the U.S. election and what the Treasury described as its"malign activity around the globe." The lawsuit is the latest shot in a long series of provocations and flare-ups between Russia and the U.S., whose relations are seen by many as at their worst since the Cold War.

"Everything will be the same in four years," he said."Only a new generation will do something. This would prefer to have fighting." Earlier this month, U.S. Secretary of State Mike Pompeo accused Russia of"standing with its Venezuelan cronies" in order to"protect a Moscow-friendly regime." His comments came shortly after the U.S. Treasury Department imposed sanctions against Russian bank Evrofinance Mosnarbank for helping Venezuela's state oil firm PDVSA dodge U.S. financial restrictions.

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