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

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U.S. Treasury Secretary Janet Yellen answers inquiries about the existing and long term point out of the U.S. and international financial system 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 “company-as-common” for Russia in the worldwide overall economy offered its invasion of Ukraine, the Treasury Division explained in a assertion on Wednesday.

Yellen explained to Indonesian Finance Minister Sri Mulyani Indrawati in the course of a assembly on Tuesday that the United States will proceed to function with Indonesia, which now potential customers the Group of 20 important economies, to progress G20 enterprise.

“Secretary Yellen firmly condemned Russia’s brutal invasion of Ukraine, and emphasized there will be no organization-as-standard for Russia in the world-wide economic system,” Treasury claimed. “Secretary Yellen emphasised that the United States will proceed to get the job done in solidarity with Indonesia to progress the important small business of the G20, which includes addressing the detrimental impacts of Russia’s invasion on the worldwide economy.”