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On July 1–3, 2018, Alexandria, Virginia, USA, hosted an annual symposium of the non-profit Financial Services Volunteer Corps (FSVC, Financial Services Volunteer Corps) focusing on the current issues of the world finance, as well as on the relations between the US, China, and Russia in trade and financial spheres.

In the course of the three-day conference with the participation of former and current high-ranking government officials from China and the United States, representatives of international financial organizations and private banks, as well as experts from Russia, China, and the US, the following issues were discussed: objectives and costs of international sanctions regimes, international political aspects of new financial technologies, prospects for the development of crypto-currencies and the use of "blockchain" technologies, as well as the general state of the world financial markets and their impact on relations between major powers.

On July 1–3, 2018, Alexandria, Virginia, USA, hosted an annual symposium of the non-profit Financial Services Volunteer Corps (FSVC, Financial Services Volunteer Corps) focusing on the current issues of the world finance, as well as on the relations between the US, China, and Russia in trade and financial spheres.

In the course of the three-day conference with the participation of former and current high-ranking government officials from China and the United States, representatives of international financial organizations and private banks, as well as experts from Russia, China, and the US, the following issues were discussed: objectives and costs of international sanctions regimes, international political aspects of new financial technologies, prospects for the development of crypto-currencies and the use of "blockchain" technologies, as well as the general state of the world financial markets and their impact on relations between major powers.

Ivan Timofeev, RIAC Director of Programs, attended the symposium. He made a speech at a session on the state and prospects of using economic sanctions in international relations. The session was also attended by Adam Szubin, Under Secretary for Terrorism and Financial Crimes, and Conyan Tan, Vice-President of China Institute of Finance and Capital Markets (CIFCM).

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Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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