Espreso. Global

Russia asks U.S. to allow Boeing aircraft purchase using frozen funds

17 April, 2025 Thursday
10:16

Russia has asked the United States to let it buy Boeing planes using billions of dollars in frozen state assets after a ceasefire is reached in Ukraine

client/title.list_title

Bloomberg reported this, citing a source in Moscow familiar with the matter.

According to the source, while this request isn’t a condition for agreeing to a ceasefire, Russia understands that frozen funds can’t be used to buy aircraft without one. At the same time, the authors note, the deal to purchase planes could become part of broader sanctions relief if hostilities end.

“The U.S. will not discuss any economic commitments until a ceasefire has been reached,” said National Security Council spokesman Brian Hughes when asked whether Russia is trying to buy Boeing planes.

The U.S. State Department and Boeing declined to comment.

According to U.S. lawmakers, about $5 billion in Russian assets are frozen in the United States. Altogether, the U.S. and its allies have blocked roughly $280 billion in Russian Central Bank reserves — over two-thirds of that is held in the European Union.

Bloomberg also notes that Russia has publicly urged the U.S. to lift sanctions on its national airline, PJSC Aeroflot, and allow direct flights between the two countries to resume. Washington has not publicly responded.

The authors mention that Boeing may now face rising pressure to return to the Russian market, especially as the American aircraft maker is under strain in other regions due to tariffs introduced under President Donald Trump. Notably, China has ordered its airlines to stop buying American-made aircraft.

Bloomberg recalled that after Russia invaded Ukraine in 2022, sanctions created major problems for the country’s aviation sector, especially with aircraft maintenance.

Russian airlines have been forced to strip planes for parts and find alternative sources for components and services — moves that may compromise safety.

The authors also noted that in February, Russian First Deputy Prime Minister Denis Manturov said Moscow was open to resuming cooperation with Boeing, which had been a major buyer of Russian titanium before the 2022 invasion.

  • Bloomberg earlier reported that in response to a 145% U.S. tariff on Chinese goods, Beijing imposed similar tariffs — and Chinese airlines were instructed to halt purchases from Boeing Co.
Tags:
Read also:
  • News
2025, Thursday
22 May
12:15
A mural by Yarema Stetsyk honors Ukraine’s fallen with a modern Cossack Mamai
Tribute honoring hero commander: Ukrainian artists create murals near war zone
11:58
Review
Ukraine hits Russian defense plant, Russia strikes training ground, better mobilization. Serhiy Zgurets' column
11:40
Exclusive
Trump and Putin use each other for personal gain — Ukrainian diplomat
11:20
Russian strikes damage homes, school grounds in overnight attacks on Ukraine
10:55
Europe may face $300 billion defense bill if U.S. steps back
10:29
EU spent €23 billion on Russian energy in 2024
10:15
Exclusive
Five keys to victory: Ukrainian general outlines what Ukraine needs to survive and win
09:56
Russia orders execution of Ukrainian POWs, intercepted audio suggests
09:35
Russia loses 870 troops, 4 tanks, 105 drones in one day of war in Ukraine
2025, Wednesday
21 May
21:50
Ukraine and Russia may resume ceasefire talks at the Vatican next week
21:39
Ukraine proposes tougher Russia sanctions to EU while U.S. hesitates
21:20
Officials debunk Russian fake about breakthrough into Dnipropetrovsk region
21:00
Exclusive
Ukraine's EU accession delays benefit some local businesses, says expert
20:40
Exclusive
Military expert suggests Portnov may have faked his death
20:20
OPINION
Direct negotiations, as Putin suggests, are trap for Ukraine
20:05
NATO summit to discuss collective military support for Ukraine
19:45
Exclusive
Trump quits when problems become too difficult, says expert Krayev
19:20
Exclusive
Russia lost valuable asset after Portnov’s liquidation in Madrid
18:55
Why U.S. has no Patriots for Ukraine — and expects Europe to step up
18:31
Russia spreads false claim of Ukrainian strike on Zaporizhzhia Nuclear Plant
18:10
Moscow reports shooting down four drones targeting Russia's capital
17:46
Ukraine lags behind in protecting roads from FPV drone attacks
17:12
China urges EU to drop 'double standards' on Russia ties amid sanctions dispute
16:50
EU delivers two-thirds of promised artillery shells to Ukraine — FM Sybiha
16:32
Exclusive
Hungary's blockade may delay Ukraine's EU accession by years — expert
16:11
Russian drone strike hits Ukrposhta vehicle in Zaporizhzhia region, injuring employees
15:53
Russian propagandist Kiselyov faces new charges for urging Ukraine’s seizure, justifying war crimes
15:34
Russian vessel makes suspicious maneuvers near Poland-Sweden power cable — PM Tusk
15:15
Ex-Yanukovych adviser Portnov fatally shot near Madrid
14:56
Russia building up forces near Kharkiv region border — Ukrainian military
14:38
Exclusive
Russia still reliant on Iranian drone supplies despite increased domestic production
14:19
OPINION
Trump exits negotiations
14:00
U.S. opposes adding Ukraine support pledge to G7 statement
13:40
Review
EU, UK target propagandists, shadow fleet, global firms in new Russia sanctions
13:23
Ukraine needs U.S. intelligence, precise munitions — Admiral Mark Montgomery
13:21
Updated
Ukrainian forces target key Russian semiconductor plant in Oryol region
13:07
Exclusive
Hungary will be obliged to arrest Putin even if it quits ICC — lawyer
12:51
Exclusive
'Economy is key': researcher predicts what may bring down Putin’s regime
12:32
OPINION
Trump hasn't been asked to mediate
11:55
Review
Russia's summer offensive: major risks emerge along key frontlines. Serhiy Zgurets’ column
More news