The Russian leader senses a chance for more international recognition, while his American counterpart hopes to play peacemaker.

For Putin, Friday’s meeting is a chance to repair his relationship with Trump and unlace the West’s isolation of his country following its invasion of Ukraine 3 1/2 years ago. He’s been open about his desire to rebuild U.S.-Russia relations now that Trump is back in the White House.

The US-Russia summit lets Putin get back to the top table of international diplomacy and thumb his nose at critics. Here’s what else he stands to gain.