(VOVWORLD) - Russian President Vladimir Putin will talk to US President Donald Trump by phone on Tuesday, said Kremlin spokesperson Dmitry Peskov on Monday.
 US President Donald Trump and Russian President Vladimir Putin (Photo: Getty Images/Reuters)
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He said Russia and the US are in the process of restoring bilateral relations and re-establishing dialogue mechanisms at various levels. The phone call between President Putin and President Trump is a significant step.
In a related development, President Putin issued a decree authorizing US hedge fund 683 Capital Partners to acquire the securities of Russian companies owned by a dozen other Western financial entities, including Jane Street, Templeton Asset Management, Franklin Advisers, and Carrhae Capital.
The decree gave two Russian companies, Cepheus-2 and Modern Real Estate Funds, permission to acquire securities owned by 683 Capital Partners without the need for additional authorization from Putin.