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.