June 27, 2022

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

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U.S. Treasury Secretary Janet Yellen solutions questions about the latest and upcoming state of the U.S. and worldwide overall economy 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 informed her counterpart from Indonesia that there will be no “small business-as-usual” for Russia in the world wide financial system supplied its invasion of Ukraine, the Treasury Division mentioned in a assertion on Wednesday.

Yellen informed Indonesian Finance Minister Sri Mulyani Indrawati in the course of a assembly on Tuesday that the United States will carry on to get the job done with Indonesia, which now qualified prospects the Group of 20 main economies, to progress G20 company.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasised there will be no enterprise-as-regular for Russia in the world economy,” Treasury stated. “Secretary Yellen emphasised that the United States will continue to work in solidarity with Indonesia to progress the critical small business of the G20, which includes addressing the adverse impacts of Russia’s invasion on the world-wide financial state.”

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Reporting by Andrea Shalal
Enhancing by Chizu Nomiyama

Our Criteria: The Thomson Reuters Trust Ideas.

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