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

Ronda Beazley

U.S. Treasury Secretary Janet Yellen solutions concerns about the present-day and future condition of the U.S. and world wide economic climate 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 told her counterpart from Indonesia that there will be no “business enterprise-as-regular” for Russia in the worldwide financial state provided its invasion of Ukraine, the Treasury Division stated in a assertion on Wednesday.

Yellen instructed Indonesian Finance Minister Sri Mulyani Indrawati during a assembly on Tuesday that the United States will keep on to function with Indonesia, which currently qualified prospects the Group of 20 big economies, to progress G20 business enterprise.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasized there will be no enterprise-as-standard for Russia in the world economy,” Treasury said. “Secretary Yellen emphasised that the United States will continue to get the job done in solidarity with Indonesia to progress the significant organization of the G20, which includes addressing the adverse impacts of Russia’s invasion on the world-wide financial system.”

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Reporting by Andrea Shalal
Editing by Chizu Nomiyama

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