U.S Trade War: Russia Won’t Beg U.S. to Lift Sanctions as Trade Falls 95% Since Peak Says Lavrov
Video Credit: Oneindia - Duration: 03:31s - Published
U.S Trade War: Russia Won’t Beg U.S. to Lift Sanctions as Trade Falls 95% Since Peak Says Lavrov
U.S Trade War: Russian Foreign Minister Sergey Lavrov declared that Moscow won’t chase the U.S. for sanctions relief, despite bilateral trade plunging 95% from its peak a decade ago.
Speaking to Kommersant, Lavrov criticized U.S. sanctions as destructive to globalization, saying they’ve only backfired on the West.
He emphasized Russia’s pivot towards Asia and the Global South, and stressed economic independence.
Former President Trump recently extended U.S. sanctions, citing national security concerns, while hinting at potential relief tied to the Black Sea Grain Initiative.
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Russian Foreign Minister Sergey Lavrov has called the latest round of talks with Ukraine “useful,” revealing concrete results, including new prisoner exchange agreements. Lavrov criticized Ukrainian President Volodymyr Zelensky’s rejection of a short humanitarian truce to retrieve the dead and wounded, calling it a "mistake." Meanwhile, President Vladimir Putin chaired a videoconference on securing Russia’s technological sovereignty, emphasizing digital independence amid ongoing geopolitical tensions. Watch for full details, key quotes, and what this means for the future of the Russia-Ukraine conflict.
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In a major diplomatic development, Russian Foreign Minister Sergey Lavrov and U.S. Secretary of State Marco Rubio held a critical phone conversation ahead of the June 2 peace talks on Ukraine, set to take place in Istanbul. The call, initiated by Russia, focused on new initiatives to resolve the ongoing war. Lavrov briefed Rubio on a detailed set of proposals Russia is preparing for the next round of negotiations, while Rubio reaffirmed U.S. support for Trump’s earlier peace roadmap.
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