Russian economic war violating Budapest Memorandum, diplomat charges Journal Staff Report
The Russian Federation is waging economic war against Ukraine, Deputy Foreign Minister Vadym Prystaiko said. "Ukraine has lost over 20% of GDP as a result of Russian aggression. This is on top of effectively the economic war the Russian Federation waged on us blocking our export as well as transit to Central Asia states and China," he said. "Russia violates the Budapest Memorandum of 1994“ where signatories promised not to exert economic pressure on Ukraine after it abandoned nuclear weapons.
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