>Russia is not likely to renew trade relationships baring a reparations for seizing assets
Russia is quite ready to sell on the following conditions:
- Remove sanctions which forbid (or make it difficult) the Russian export in the first place.
- Pay in rubles (i.e. you have to "sterilize" your cache through the Moscow stock exchange) like was done with the gas export to Europe.
- Remove sanctions which forbid export to Russia. It has no interest in selling stuff to the West, if it can not buy the stuff it needs in exchange. We already can see that its export-oriented economy sectors suffer from the strong ruble.
Russia has answered to the frozen reserves by freezing financial assets owned by foreigners. Interestingly enough, both numbers are quite comparable to each other.