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

U.S. Treasury Secretary Janet Yellen responses thoughts about the latest and foreseeable future point out of the U.S. and worldwide 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 explained to her counterpart from Indonesia that there will be no “small business-as-common” for Russia in the global financial system given its invasion of Ukraine, the Treasury Department mentioned in a statement on Wednesday.

Yellen told Indonesian Finance Minister Sri Mulyani Indrawati in the course of a assembly on Tuesday that the United States will go on to work with Indonesia, which presently leads the Team of 20 major economies, to advance G20 business enterprise.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasized there will be no organization-as-normal for Russia in the world wide financial state,” Treasury said. “Secretary Yellen emphasized that the United States will continue on to function in solidarity with Indonesia to progress the vital small business of the G20, including addressing the negative impacts of Russia’s invasion on the world-wide economic system.”

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Reporting by Andrea Shalal
Enhancing by Chizu Nomiyama

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