The 1997 Kremlin Cup was a tennis tournament played on indoor carpet courts at the Olympic Stadium in Moscow in Russia that was part of the World Series of the 1997 ATP Tour and of Tier I of the 1997 WTA Tour.

The men's tournament was held from 3 November through 9 November 1997 while the women's tournament was held from 27 October through 2 November 1997.

Yevgeny Kafelnikov and Jana Novotná won the singles titles.

Yevgeny Kafelnikov defeated Petr Korda 7–6(7–2), 6–4 Jana Novotná defeated Ai Sugiyama 6–3, 6–4 Martin Damm / Cyril Suk defeated David Adams / Fabrice Santoro 6–4, 6–3 Arantxa Sánchez Vicario / Natasha Zvereva defeated Yayuk Basuki / Caroline Vis 5–3 (Basuki and Vis defaulted)