-
U.S.-Russia security talks end without diplomatic breakthrough

The Xinhua reported that a new round of security talks between the United States and Russia concluded Monday evening in Geneva without yielding any diplomatic breakthrough.
While the U.S. side called the latest talks between the two major global powers "our diplomacy in pursuit of a de-escalation with Russia," the Russian side called the talks U.S.-Russia "security guarantees negotiations."
Like the two previous bilateral U.S.-Russia Strategic Stability Dialogues in Geneva last year, the U.S. delegation is headed by U.S. Deputy Secretary of State Wendy Sherman, while the Russian side is headed by Deputy Foreign Minister Sergei Ryabkov.
"The talks were difficult, long, very professional, deep, concrete, without attempts to gloss over some sharp edges," Ryabkov told a press briefing after the talks. "We had the feeling that the American side took the Russian proposals very seriously and studied them deeply."

Sherman told a separate press briefing after the talks that "We had a frank and forthright discussion over the course of nearly eight hours at the U.S. Mission in Geneva. This is the third time the U.S.-Russia Strategic Stability Dialogue has convened since President Biden and President Putin met in Geneva last June."
Ryabkov was cited by the Russian Mission in Geneva on Monday that what Russia seeks is legally binding guarantees of the North Atlantic Treaty Organization (NATO) not to expand further to the East.
Antony Blinken questions Kazakhstan's decision to deploy Russian military
"It should dismantle everything it has created while driven by anti-Russia phobias and delusional perceptions about our country's policies since 1997," he was cited as saying.
Ryabkov told reporters after the talks that "the main questions are still up in the air, and we don't see an understanding from the American side of the necessity of a decision in a way that satisfies us."
"We do not trust the other side," he stated. "We need ironclad, waterproof, bulletproof, legally binding guarantees - not assurances, not safeguards."
Biden and Putin hold phone call amid heightened tensions over Ukraine
He said that he has told his U.S. counterpart that Russia has no plans to attack Ukraine, and there was no reason to fear an escalation of tensions with Ukraine.
"Certain threats or warnings were put forward, We explained to our colleagues that we have no plans to attack Ukraine," Ryabkov said. "There is no basis for fearing any escalated scenario in this regard."
Sherman told reporters that the United States came to Monday's meeting to hear Russia's security concerns and to share its own, "We came with a number of ideas where our two countries could take reciprocal actions that would be in our security interests and improve strategic stability."
Russia seeks to bolster Eighth Brigade to counter Iranian influence in Syria
The senior U.S. diplomat said that the U.S. will not stop NATO's "Open Door" policy, it will not forego bilateral cooperation with sovereign states that wish to work with the United States, and it will not make decisions about Ukraine without Ukraine, about Europe without Europe, or about NATO without NATO.
She said: "We've made it clear that if Russia further invades Ukraine, there will be significant costs and consequences well beyond what they faced in 2014. Russia has a stark choice to make."
Kremlin expects US to answer Moscow next month for security guarantees over Ukraine
She also said that the United States offered to meet again soon with Russian officials to discuss these bilateral issues in more detail.
According to the U.S. mission in Geneva, after Monday's talks with the Russian officials, Sherman will then travel to Brussels on Jan. 11 to 12 for further consultations with NATO leadership, NATO allies, and EU officials.
Source: xinhua
You May Also Like
Popular Posts
Caricature
BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
opinion
Report
ads
Newsletter
Subscribe to our mailing list to get the new updates!