US accuses Russia of trying to collapse Ukraine economically

US Vice President Joe Biden has accused the Russian government of trying to collapse Ukraine economically, saying Kiev is “now under siege.”

“Russia is trying to undermine the stability and sovereignty of Ukraine by any means it can, including attempting to create conditions that would cause Ukraine to economically collapse,” Biden said.

“As a matter of fact, that’s its first preference,” he added. “But we can’t let that strategy succeed.”

Biden made the remarks at a forum for American and Ukrainian business leaders at the US Chamber of Commerce on Monday.

The vice president also claimed Moscow is sending troops and weapons to destabilize Ukraine.

“Russia is building military outposts on Ukrainian soil,” Biden said.

“It relentlessly continues to send Russian troops, Russian hired thugs and mercenaries, Russian tanks, and Russian missiles into numerous parts of Ukraine,” he stated.

The United States accuses Russia of sending troops into eastern Ukraine in support of the pro-Russian forces, an allegation denied by the Kremlin.

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