Russia's special presidential envoy on foreign investment and economic cooperation, Kirill Dmitriev is actively pursuing talks on lifting the sanctions. (EPA Images pic)MOSCOW: Discussions on the US lifting sanctions on Russia's flagship investment fund are underway with the administration of US President Donald Trump, Kremlin foreign policy aide Yuri Ushakov was quoted as saying on Wednesday.

Ushakov, quoted by Russian news agencies, said the head of the Russia Direct Investment Fund, Russian presidential envoy Kirill Dmitriev, was actively pursuing talks on lifting the sanctions.

"This conversation is going on. It has been going on for a while. I don't know what the outcome will be," Ushakov was quoted as saying.