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

By Francoise Ardion 4 months ago

U.S. Treasury Secretary Janet Yellen responses queries about the latest and potential state of the U.S. and world-wide economic system 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 instructed her counterpart from Indonesia that there will be no “small business-as-common” for Russia in the worldwide financial system offered its invasion of Ukraine, the Treasury Division said in a assertion on Wednesday.

Yellen advised Indonesian Finance Minister Sri Mulyani Indrawati throughout a assembly on Tuesday that the United States will keep on to function with Indonesia, which currently potential customers the Team of 20 significant economies, to advance G20 business enterprise.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasized there will be no small business-as-regular for Russia in the worldwide economic system,” Treasury stated. “Secretary Yellen emphasized that the United States will keep on to do the job in solidarity with Indonesia to progress the crucial business of the G20, including addressing the destructive impacts of Russia’s invasion on the international economic system.”

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Reporting by Andrea Shalal
Enhancing by Chizu Nomiyama

Our Criteria: The Thomson Reuters Trust Principles.

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