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Yellen tells Indonesian finance minister: ‘No business-as-usual’ for Russia

Posted on April 29, 2022 by Beverly B. Pearman

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U.S. Treasury Secretary Janet Yellen answers thoughts about the existing and foreseeable future point out of the U.S. and international financial state at the Atlantic Council in Washington, U.S., April 13, 2022. REUTERS/Leah Millis

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WASHINGTON, April 20 (Reuters) – U.S. Treasury Secretary Janet Yellen advised her counterpart from Indonesia that there will be no “enterprise-as-standard” for Russia in the international financial state offered its invasion of Ukraine, the Treasury Section explained in a statement on Wednesday.

Yellen instructed Indonesian Finance Minister Sri Mulyani Indrawati all through a meeting on Tuesday that the United States will proceed to function with Indonesia, which at this time prospects the Team of 20 major economies, to progress G20 business.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasized there will be no enterprise-as-usual for Russia in the world overall economy,” Treasury claimed. “Secretary Yellen emphasised that the United States will proceed to get the job done in solidarity with Indonesia to progress the important organization of the G20, such as addressing the detrimental impacts of Russia’s invasion on the international economic climate.”

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Reporting by Andrea Shalal
Modifying by Chizu Nomiyama

Our Criteria: The Thomson Reuters Believe in Ideas.

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