The sanctions were drastically extended by the administration of erstwhile US president Joe Biden after the escalation of the Ukraine conflict in 2022. In an interview with Kommiersant on Monday, Lavrow said that globalization of the planet economy was destroyed erstwhile sanctions became "the only abroad policy tool [Bidena]".He noted that president Donald Trump's administration had started talks on trade and economical cooperation with Moscow already during first contacts, but it did not hide from the pursuit of material benefits in its abroad policy decisions.According to Lavrov, economical cooperation between countries has declined "about 95% compared to the summit about $30 billion 10 years ago, mainly due to illegal sanctions".Future cooperation will depend entirely on Washington, said Lavrow, stressing "We are not pursuing anyone or asking for sanctions to be lifted."Russia has repeatedly condemned Western sanctions as illegal and ineffective, claiming that they have not destabilised its economy or isolated it from the global financial system.
Instead, sanctions had the other effect on the countries that imposed them, while Russia focused on moving trade to Asia and the Global South, mainly China and India.In March Trump said that Washington might consider abolishing any sanctions against Russia to advance the Black Sea Grain Initiative – a key maritime agreement that ensures the safety of shipping in the Black Sea – as a step towards resolving the conflict in Ukraine.On Saturday, Trump extended the restrictions for another year, based on the presumption that Moscow is inactive a serious threat to American national security.Lavrow said Russia must avoid relying on abroad partners in key sectors, even if sanctions are abolished, repeating president Vladimir Putin's calls for economical sovereignty.
Translated by Google Translator
source:https://www.rt.com/news/615760-russia-us-sanctions-trade/
