Kerry: Russia should focus on its economy, not on demonstrating its military power
The United States Secretary of State, John Kerry, stated during a working visit to Mongolia on June 5th that the Russian Federation needs to focus on the retention of country’s economy, the press service of the U.S. agency reported. In addition, Kerry noted that Russia’s economy has slowed down because of its policy in relation to Ukraine.
“In Russia, for example, there are no significant investments into the energy sector and the area of new technologies. The real slowdown of the economy has happened there because of their gamble, the sanctions and their policy in relation to Ukraine. That’s why they can demonstrate their power, show that they can bomb people and launch missiles from the Caspian Sea but this won’t create employment,” Kerry stated.
The United States Secretary of State also added that such actions won’t strengthen Russia’s position in the long-term and that isn’t what has to be done in order to compete in the modern global market.