News
Show news feed


The economic situation in Russia that may be impacting neighbors is not solely related to sanctions, State Department spokesperson Jen Psaki said asked by the Voice of America reporter about impact of sanctions on small countries such as Armenia.

“It’s more complicated and it involves other issues. Oil prices and general economic mismanagement in Russia play significant roles,” she said during a briefing on Wednesday.

Psaki added that any country should look at the decisions and the policies of Russia as it relates to that.

“The lack of economic diversification and development of innovation and entrepreneurship over the past decade all play roles. And so these are all factors that have led to some of the economic challenges that Russia is experiencing,” Psaki said asked whether there is a policy or approach to help those countries.

!
This text available in   Հայերեն and Русский
Print
Read more:
All
Photos