For U.S. President Donald Trump, a summit with Vladimir Putin risks a political backlash at home and abroad. For the Russian president, however, the fact the summit is even happening is already a big geopolitical win.

Despite Russia¡¯s semi-pariah status among some Americans and U.S. allies, the Kremlin has long been trying to arrange a summit, betting that Putin and Trump will get on well and stop a sharp downward spiral in bilateral ties.

While nobody on either side expects big breakthroughs, including on U.S. sanctions, the summit is seen by Moscow as U.S. recognition of Russia¡¯s status as a great power and an overdue U.S. realization that its interests must be taken into account.