He made the remarks on Friday during the meeting with a group of students at Azerbaijan State Economic University.
He said that there are positive and negative sides of the oil prices fall.
“This is a shock therapy. We need to understand that we should learn to live with the money earn rather than inconsistent money. Both Russia and Azerbaijan have made a sharp turn in their policy. Serious diversification projects have been prepared. I think we can do it,” the diplomat added.
Russia, Azerbaijan made sharp turn in their policies over oil prices fall
27 May 2016
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Both Russia and Azerbaijan have made a sharp turn in their policies in connection with the drop in oil prices, said Russian Ambassador to Azerbaijan Vladimir Dorokhin.
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