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

U.S. Treasury Secretary Janet Yellen responses concerns about the current and foreseeable future state of the U.S. and global economy at the Atlantic Council in Washington, U.S., April 13, 2022. REUTERS/Leah Millis

WASHINGTON, April 20 (Reuters) – U.S. Treasury Secretary Janet Yellen informed her counterpart from Indonesia that there will be no “organization-as-usual” for Russia in the international economic system specified its invasion of Ukraine, the Treasury Section stated in a statement on Wednesday.

Yellen told Indonesian Finance Minister Sri Mulyani Indrawati for the duration of a conference on Tuesday that the United States will keep on to perform with Indonesia, which now sales opportunities the Group of 20 big economies, to advance G20 business enterprise.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasised there will be no enterprise-as-typical for Russia in the international overall economy,” Treasury said. “Secretary Yellen emphasized that the United States will carry on to get the job done in solidarity with Indonesia to progress the vital company of the G20, which includes addressing the unfavorable impacts of Russia’s invasion on the world financial system.”

Reporting by Andrea Shalal
Modifying by Chizu Nomiyama

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