Russia says progress made in financial services for diplomatic missions during talks with US in Istanbul

IANS April 11, 2025 280 views

Russia and the United States have made significant progress during bilateral talks in Istanbul, focusing on restoring diplomatic mission functionalities. The discussions centered on ensuring unimpeded banking services, addressing diplomatic property issues, and exploring travel regulations for diplomatic staff. Despite ongoing geopolitical tensions, both sides maintained a narrow focus on embassy operations. The talks represent a potential small step towards improving diplomatic relations between the two countries.

"Ukraine is not, absolutely not on the agenda" - Tammy Bruce, US State Department Spokesperson
Russia says progress made in financial services for diplomatic missions during talks with US in Istanbul
Istanbul, April 11: The Russian consulate in Istanbul said that progress has been made on ensuring banking and financial services for Russian and US diplomatic missions during the second round of bilateral talks in Istanbul.

Key Points

1

Russia and US make progress on diplomatic mission banking services

2

Discuss return of confiscated diplomatic properties

3

Explore easing visa processing for diplomatic staff

Delegations from the two countries "exchanged diplomatic notes to formalise agreed commitments. These commitments are designed to facilitate unimpeded banking and financial services for Russian and American diplomatic missions, in addition to ensuring the fulfillment of the Russian Federation's contributions to the budgets of the UN and other international organisations," the consulate said in a press release.

The two sides "agreed to develop a roadmap" regarding the return of six diplomatic real estate properties confiscated by US authorities and lawfully owned by Russia, the consulate said.

They also discussed "easing visa processing and travel regulations for diplomatic staff within the host countries," it said, adding that the Russian side urged promoting the resumption of direct air flights between the two countries.

The timing of the next round of talks is "currently under coordination," it said.

Earlier in the day, the two sides finished their second round of talks on restoring diplomatic missions. The US delegation left the Russian consulate in Istanbul in the afternoon, following approximately five hours of meetings with the Russian side, Xinhua news agency reported.

The primary focus of the discussions is to address issues affecting the functioning of the two countries' embassies and consulates. The US State Department has emphasised that the talks are limited strictly to diplomatic operations.

"Ukraine is not, absolutely not on the agenda," US State Department spokesperson Tammy Bruce said Tuesday. "These talks are solely focused on our embassy operations, not on normalising a bilateral relationship overall, which can only happen, as we've noted, once there is peace between Russia and Ukraine."

The first round of talks was held in Istanbul on February 27.

In recent years, Washington and Moscow have expelled numerous diplomats from each other's countries, significantly hindering the ability of their diplomatic missions to function effectively.

Reader Comments

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Michael T.
Interesting development. It's good to see some progress being made on practical diplomatic issues, even during tense times. The banking services part makes sense - embassies need to function regardless of politics.
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Anna K.
I'm cautiously optimistic about this. Small steps like banking access and visa processing might help rebuild some trust between the countries. 🤞 Though I understand why the US is keeping Ukraine separate from these talks.
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David L.
The article mentions "six diplomatic real estate properties" - does anyone know which properties these are? Would be interesting to see the locations and their significance.
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Sarah J.
While I appreciate the diplomatic efforts, I wish the article provided more context about why these banking services were disrupted in the first place. The reporting feels a bit surface-level on that aspect.
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Paul R.
Resuming direct flights would be huge for families separated by this conflict. Not holding my breath, but it's good they're at least discussing it. My cousin hasn't seen his wife's family in Moscow since 2021.
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Elena B.
Istanbul seems to be becoming a neutral meeting ground for these talks - smart choice. The city has historical connections to both East and West. Maybe that helps create a more productive atmosphere.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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