MOSCOW: Aside from the talks on military and political issues in Geneva, Russia has agreed to establish a bilateral economic working group with the United States, said Foreign Minister Sergey Lavrov on Wednesday.

In an interview with Al Arabiya television channel in Moscow, Lavrov said that Russia hopes to understand the specific definition of "mutually beneficial cooperation" of U.S. President Donald Trump's administration.

Weeks after the 2025 Russia–United States summit in Anchorage, Alaska, the Trump administration imposed sanctions on Russian oil companies, Lukoil and Rosneft, and demanded that India stop buying Russian oil. The United States also ordered the resumption of work in Venezuela's oil industry while prohibiting Russia and other countries from participating.

"While the Americans are sincerely saying that once the Ukraine issue is settled, mutually beneficial cooperation will begin. For now, they have been trying to push us out of global energy markets," Lavrov said.

Days before the fourth anniversary of the start of the Ukraine-Russia conflict, the two-day talks among Ukraine, the United States and Russia, marking the third round of trilateral talks this year, concluded on Wednesday with no breakthrough on key issues.

The first-day talks lasted six hours in both bilateral and trilateral formats, while the second-day talks lasted two hours, Russian media reported.