Kirill Dmitriev, the head of Russia’s sovereign wealth fund, said on Wednesday he believed Donald Trump’s presidential victory would reduce geopolitical confrontations.
“A less confrontational US foreign policy will unlock major opportunities for joint (Russia-US) trade and investment,” Dmitriev, head of the Russian Direct Investment Fund, said in a statement.
Dmitriev said he believed financial markets would recover quickly “just as they did after the Brexit vote.”
South Korean foreign minister Yun Byung-sem, however, said he believed Trump would maintain the current US policy of pressuring North Korea over its nuclear and missile tests.
“Trump has indicated that the greatest problem facing the world is the nuclear threat and members of his national security team hold the position that favours applying strong pressure against the North,” Yun said.
He made the comments in a meeting with members of parliament scheduled to discuss the results of the US presidential election. The North conducted its fourth and fifth nuclear tests in January and September, drawing widespread international condemnation.