In an interview with the Financial Times published today, December 1st, US Assistant Secretary of State for Energy Resources Geoffrey Pyatt said Washington is aiming to halve its revenue from Russian oil and gas by the end of this decade, emphasizing that Western sanctions against Moscow will need to be maintained "for many years to come."
In response, Kremlin spokesman Dmitry Peskov said today that Moscow is assuming sanctions imposed by the US and its allies against Russia will last for years, but that US influence on the world economy is waning.
"We are certain that these sanctions will last for many years. Even without a statement from the (US) representative, we already knew this. We assumed this when outlining our course," Peskov told reporters.
Kremlin spokesman Dmitry Peskov
Peskov added: "We also believe that the US will continue to try to put pressure on Russia and the entire system of economic and trade relations, essentially destroying the form of these relations."
To compensate for declining trade with the West, Russia is shifting its focus to China, India, and other markets in the Middle East, Asia, Africa, and Latin America, according to Reuters. "The world economy is not limited to the US economy," Peskov asserted, adding that China is catching up with the US.
"The world is much more diverse than the United States, so the US-centric world is ending and a period of diversity is beginning, including in international economic relations," Peskov said.
Moscow has long signaled that the Russian economy is stronger than expected in the face of unprecedented Western sanctions related to Russia's military campaign in Ukraine.
Ukrainian servicemen operate a ZU-23-2 anti-aircraft gun near the Ukrainian capital Kyiv on November 30.
Regarding the ongoing conflict, the RIA news agency reported that Russian Defense Minister Sergei Shoigu announced today that the country's military is advancing in all directions in Ukraine. Shoigu also stated that Russia will hold a naval exercise called Ocean-2024 next year, according to Reuters.
In addition, Russian Foreign Minister Sergei Lavrov said today that Moscow sees no signs of Kyiv's willingness to move toward a political solution and there is no reason for Russia to change the objectives of its "special military operation" in Ukraine, according to Reuters.
There is currently no information on Ukraine's reaction to the above statement from Russia.
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