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

U.S. Treasury Secretary Janet Yellen solutions questions about the current and foreseeable future state of the U.S. and worldwide economic system 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 “enterprise-as-typical” for Russia in the world wide economic system presented its invasion of Ukraine, the Treasury Department mentioned in a statement on Wednesday.

Yellen informed Indonesian Finance Minister Sri Mulyani Indrawati for the duration of a assembly on Tuesday that the United States will carry on to work with Indonesia, which at present potential customers the Group of 20 main economies, to advance G20 small business.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasised there will be no organization-as-normal for Russia in the global economic climate,” Treasury explained. “Secretary Yellen emphasised that the United States will proceed to do the job in solidarity with Indonesia to progress the vital business enterprise of the G20, which includes addressing the unfavorable impacts of Russia’s invasion on the global financial state.”

Reporting by Andrea Shalal
Enhancing by Chizu Nomiyama

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