Answer to question from Sputnik, published here.
The American side asked for the meeting after two “tough guy” failures: the coup attempt in Belarus and the “de-occupation” of Crimea farce. When war-war fails it’s time for jaw-jaw as Churchill didn’t say.
But a third “tough guy” failure may have had more to do with it. In the 1990s the Americans believed they no longer needed to pay any attention to Russia; they had won, their winning would stand forever and they let the Cold War era arms control agreements lapse. But Russia has got well out in advance of the US in strategic weaponry and sensible elements in the US security structure now want arms agreements because Russia’s power cannot be ignored.
Thus the one important purpose of the meeting was achieved with the agreement to talk about arms control: the American side needs it and Moscow prefers stability and predictability.
The return of Ambassadors is, of course, to be welcomed but for the rest it will be impossible for Biden/Harris to drop their main campaign point which was that they saved their country from the Russian-controlled Trump. And so demented is the state of mind in the USA that domestic coverage will be nothing but partisan disputes over whether he insulted Putin properly and adequately.
Washington cannot accept that Russia (and China) will go their own way; that they are rising while it is falling; that the time of lecturing is over. So I expect no change until the new reality arrives in a manner that no one in Washington can ignore.