U.S. News

Janet Yellen, others walk out of G20 meeting in Russia protest

Treasury Secretary Janet Yellen​ was amongst a contingent of Western officers who walked out of a G20 finance ministers meeting Wednesday after their Russian counterpart started talking, in accordance with ​reviews.

Y​ellen and her counterparts, together with Bank of England Governor Andrew Bailey, left the closed-door meeting as Russian Finance Minister Anton Siluanov started addressing the group nearly, CNN reported.

“Alongside our allies the US and Canada, representatives from the UK left the G20 meeting as Russian delegates spoke,” a British finance ministry spokesperson instructed Reuters.

“We will continue working with our allies to condemn Russia’s war against Ukraine in the strongest terms, and push for stronger international coordination to punish Russia,” the spokesperson added.​

Siluanov is among the many Russians sanctioned by the Biden administration over Russia’s invasion of Ukraine, which started Feb. 24.​​

US Secretary of the Treasury Janet Yellen
​Yellen and her counterparts left the closed-door meeting as Russian Finance Minister Anton Siluanov started addressing the group nearly.
BRENDAN SMIALOWSKI/AFP through Getty Images

The Treasury Department had stated that Yellen deliberate to boycott a number of periods of the G20 meeting — the primary gathering of world finance ministers for the reason that assault started – however would attend Wednesday’s opening session to assist Ukraine’s finance minister, who had been invited to look at proceedings, the Washington Post reported Tuesday. 

Earlier this month, Yellen instructed members of the House Financial Services Committee that she wouldn’t attend the conferences if there was Russian participation.

​​”President Biden’s made clear, and I definitely agree with him, that it can’t be business as traditional for Russia in any of the monetary establishments,” Yellen ​instructed the panel.

Russian Finance Minister Anton Siluanov
Siluanov is among the many Russians sanctioned by the Biden administration over Russia’s invasion of Ukraine.
REUTERS/Evgenia Novozhenina/File Photo

“He’s asked that Russia be removed from the G20 and I’ve made clear to my colleagues in Indonesia that we will not be participating in a number of meetings if the Russians are there,” she stated.

The subsequent meeting of G20 world leaders is scheduled to happen in November in Bali.

In addition to the US, the UK, Canada and Russia, the opposite members of the G20 are Argentina, Australia, Brazil, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Saudi Arabia, South Africa, Turkey, and the European Union.

Governor of the Bank of England Andrew Bailey
Bank of England Governor Andrew Bailey additionally left the meeting.
Dan Kitwood/Pool through REUTERS/File Photo

Hours after Yellen’s walkout, the Treasury Department introduced extra sanctions towards Russian banks and oligarchs accused of serving to Moscow skirt earlier punishments.

With Post wires

Back to top button