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

U.S. Treasury Secretary Janet Yellen responses thoughts about the current and long term condition of the U.S. and world-wide economy 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 advised her counterpart from Indonesia that there will be no “business enterprise-as-normal” for Russia in the world wide economic system provided its invasion of Ukraine, the Treasury Section stated in a statement on Wednesday.

Yellen explained to Indonesian Finance Minister Sri Mulyani Indrawati through a assembly on Tuesday that the United States will go on to function with Indonesia, which currently leads the Team of 20 major economies, to advance G20 business.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasised there will be no business-as-standard for Russia in the global overall economy,” Treasury claimed. “Secretary Yellen emphasised that the United States will carry on to operate in solidarity with Indonesia to advance the critical company of the G20, which include addressing the unfavorable impacts of Russia’s invasion on the world-wide financial system.”

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Reporting by Andrea Shalal
Enhancing by Chizu Nomiyama

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