Russia Abandons Hopes for U.S. Trade, Turns to BRICS Amid Sanctions and Economic Pressure

Source: Pagenews.gr | Original Published At: 2026-02-09 15:25:34 UTC

Key Points

• Russia has abandoned expectations of meaningful economic relations with the U.S. due to ongoing sanctions and geopolitical tensions.
• Lavrov emphasized BRICS as a critical platform for Russia's trade, financial, and strategic cooperation during a BRICS TV interview.
• Sanctions, energy restrictions, and financial bans have created 'insurmountable barriers' to U.S.-Russia economic ties, according to Russian officials.
• Russia views BRICS as a mechanism to reduce dependency on Western markets and institutions, promoting 'protected development' pathways.
• Analysts warn this shift could deepen global economic fragmentation, with BRICS serving as both an economic and geopolitical counterweight to U.S. influence.