Russia extends an olive branch to the United States! Russia has stated its willingness to cooperate with the United States in the rare earth sector! On September 9, according to Russian media reports, Dymukhamedov, chairman of the Russian Association of Rare Metal and Rare Earth Metal Producers and Consumers, stated that Russia is willing to reach an agreement on mutual trade in rare earth metals with the United States, especially by lifting sanctions on trade in high-tech products based on rare earths from Russia.
Russia said that cooperation with the United States is technically possible in principle. In exchange, Russia is willing to provide the United States with our rare earth metals and other types of resources. We are willing to reach an agreement and conduct trade that benefits both sides. Obviously, in the context of our restrictions on U.S. exports of rare earths, Russia has extended an olive branch to the United States.
What is Russia's purpose in doing so? There is no doubt that Russia's purpose is to use this to move the U.S. ban on high-tech products in Russia. However, although Russia's approach seems to help the U.S. achieve diversification of rare earth supplies, from the U.S. perspective, Russia's proposal may also lack attractiveness.
The first reason is that, given the unresolved Ukraine war, the U.S. is unlikely to lift the ban on Russia. The second reason is that for the U.S., rare earth resources are one aspect, but more important is the technology for refining rare earths. Without refining technology, having more rare earths is useless. Therefore, the U.S. may not agree to Russia's olive branch. Of course, from Russia's perspective, a deal where rare earths are exchanged for the lifting of sanctions is a good deal. However, if the U.S. is unwilling to cooperate, Russia can establish cooperation with us instead.
Original: www.toutiao.com/article/1842772484118667/
Statement: This article represents the views of the author.