VP Vance. There is a big gulf between Russia and Ukraine

VP Vance is speaking and says:

• Security posture of last 20 years is not adequate for the next 20 years
• We think Russians are asking for too much
• Would like Russians and Ukrainians to agree to guidelines for talking to each other.
• There is a big gulf between where Ukrainians and Russians are.
• Probably impossible to mediate this without at least some direct negotiation between Russia and Ukraine.
• No conversation between US and China about a strategic deal of Taiwan.
• We think China will have to let their population consume more.
• Open to having conversations with friends and more adversarial national about rebalancing.
• We think we can do that while preserving dialogue with China.
• Conversations are ongoing with EU.
• We want European markets to be open to American goods
• Think we can have a better trading relationship with your pants if they would drop trade barriers
• We think there is a deal that would reintegrate Iran into global economy
• Would prevent Iran from getting a nuclear weapon
• Would be open to sitting down with Russia and China to reduce the number of nuclear weapons in the world.
• So far so good on negotiations with Iran

This article was written by Greg Michalowski at www.forexlive.com.