U.S. may suspend Millennium Challenge Account

PanARMENIAN.Net - "If Armenia doesn't observe certain provisions of the Millennium Challenge Account, the program may be stopped," RA Foreign Minister Vartan Oskanian told a news conference in Yerevan today.



"Armenian authorities were facing a dilemma: security and stability or financial assistance. The matter is that democratic values have not taken final shape in Armenia yet. We should not forget that only 17 years have passed since the USSR decline. At that, it's worth mentioning that the U.S. will suspend financial flows to the structures which can't function under the emergency rule," he said.



Earlier, U.S. Secretary of State Condoleezza Rice said that "the state of emergency in Armenia, imposed recently after rioting against the results of the presidential election, had made it necessary to suspend some U.S. programs there."