WASHINGTON, June 30 (Sputnik) - Anti-Russia sanctions imposed by the West will not make Russia’s economy disappear, the country will recover, renowned US investor Jim Rogers told Sputnik.

"Russia is not going to disappear. There have been sanctions against Russia in history, there will be again. There have been sanctions against everybody in history. Russia will recover," Rogers said.

The investor noted that Russia is experiencing a record number of sanctions, which would hurt any country.

Rogers said that many people in such circumstances would turn to the black market and go around the sanctions, while many others would abide by them, and Russia will have to deal with the reality of sanctions.

Once the conflict in Ukraine is over, Russia will start opening up again and people will open up to Russia again, Rogers added.

The countries of the collective West stepped up sanctions pressure on Russia after the start of the special military operation in Ukraine in 2022. Russian President Vladimir Putin said that the collective West's long-term strategy of containing Russia was instead hurting the global economy.

Rogers is also optimistic that Russian-US relations will improve, and begin communicating and trading as both are huge countries with consequential economies, renowned US investor Jim Rogers told Sputnik.

When asked whether he thinks that relations between Russia and the United States will improve one day, Rogers stated, "Of course, they will someday."

"I can remember when Americans wouldn't even talk to Russians. And the Russians wouldn't talk to Americans. That will change again," he said. "Russia is a huge country, America is too. Of course, there will be communication and trade again someday. There always has been and there always will be after the war."