Washington [US], April 20 (ANI/Sputnik): Cooperation must and will continue, the International Monetary Fund (IMF) managing director said on Wednesday when asked if it is appropriate that some G7 countries say they will skip G20 meetings in which Russia is present.
“The need for cooperation is so strong. It is a difficult moment … Cooperation must and will continue. No one country is able to solve problems by itself,” Kristalina Georgieva said. On Monday, the White House said that Treasury Secretary Janet Yellen will not participate in G20 events during the International Monetary Fund and World Bank session this week in which Russian representatives are present. Later, the media reported that G7 countries are not pursuing a full boycott of G20 meetings which will take place this week.
In March, President Joe Biden demanded that Russia be removed from the group of the world’s largest economies. (ANI/Sputnik)
White House supports treasury secretary’s decision to walk out of G20 meeting during Russia speech
Washington [US], April 21 (ANI): The White House supports Treasury Secretary Janet Yellen’s decision not to participate in a recent G20 meeting once Russian officials began speaking, spokesperson Jen Psaki said on Wednesday (local time). “The President and Secretary Yellen have both said that we can’t have business as usual at the G20 or in a lot of these international forums as it relates to Russia, and she and the Treasury team made clear that she was planning to participate in some and not other meetings, which certainly is something that we support,” Psaki said, according to Sputnik.
Yellen, Federal Reserve Chair Jerome Powell and other officials boycotted the meeting due to the participation of Russian officials, according to a Washington Post report earlier on Wednesday. The Treasury Secretary will work to advance important business at the G20 while also voicing strong condemnation of Russia’s actions in Ukraine, the report said, citing an anonymous Biden administration official.
On Monday, the White House said that Yellen will not participate in G20 events during the International Monetary Fund and World Bank Spring meetings this week in which Russian representatives are present. (ANI)
