Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

US Treasury secretary and other finance ministers walk out of G20 meeting with Russia

US Treasury secretary and other finance ministers walk out of G20 meeting with Russia

Finance ministers from multiple nations walked out of a closed-door G20 session in Washington on Wednesday when the Russian delegate began his prepared remarks, a show of protest against Moscow for its invasion of Ukraine.

US Treasury Secretary Janet Yellen participated in the walkout, as did European and other Western officials who were participating in the meeting.

Canada's finance minister Chrystia Freeland wrote on Twitter, "The world's democracies will not stand idly by in the face of continued Russian aggression and war crimes." She tweeted a photo of officials who left meeting, including Yellen, US Federal Reserve Chairman Jerome Powell and European Central Bank President Christine Lagarde.

Chrystia Freeland, Canada's deputy prime minister and finance minister, tweeted this photo on Wednesday, April 20. "The world's democracies will not stand idly by in the face of continued Russian aggression and war crimes," she wrote. "Today Canada and a number of our democratic partners walked out of the G20 plenary when Russia sought to intervene."


Ahead of the meeting, US officials had said Yellen would not participate in certain sessions of the gathering that included Russia.

Ukrainian officials also spoke at the session as invited guests, and also walked out during Russia's presentation. Yellen and other officials attended the session during those remarks, but departed when Russian Finance Minister Anton Siluanov began speaking virtually.

A separate official said finance ministers had discussed plans to boycott Russia's participation ahead of time.

Yellen said earlier this month she had informed this year's G20 host, Indonesia, that she wouldn't participate in sessions that included Russia. The G20 finance ministers are gathered in Washington this week to coincide with the annual meetings of the World Bank and International Monetary Fund.

Ahead of Wednesday's walkout, Treasury officials made clear it would not be business as usual when it came to Yellen's interactions with Russian officials during this week's big gathering of global economic leaders.

While Yellen will attend some sessions of the G20 Finance Ministers and Central Bank Governor meeting with Russian officials present, including the opening session, she will not be participating in all of them if the Russians are there, according to a senior US Treasury Official.

"President Biden's made clear and I certainly agree with him that it cannot be business as usual for Russia in any of the financial institutions," Yellen told the House Financial Services Committee. "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."

While President Biden has said Russia should no longer be in the G20, ejecting Moscow would require the support of all members. That is considered unlikely, as China has said it would not back kicking Russia out.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Bruce Willis Relocated Due to Advanced Dementia
French and Korean Nuclear Majors Clash As EU Launches Foreign Subsidy Probe
EU Stands Firm on Digital Rules as Trump Warns of Retaliation
Getting Ready for the 3rd Time in Its History, Germany Approves Voluntary Military Service for Teenagers
Denmark Confronts U.S. Diplomat Over Covert Trump-Linked Influence in Greenland
Trump Demands RICO Charges Against George Soros and Son for Funding Violent Protests
Taylor Swift Announces Engagement to NFL Star Travis Kelce
France May Need IMF Bailout, Warns Finance Minister
After the Shock of Defeat, Iranians Yearn for Change
Ukraine Finally Allows Young Men Aged Eighteen to Twenty-Two to Leave the Country
The Porn Remains, Privacy Disappears: How Britain Broke the Internet in Ten Days
YouTube Altered Content by Artificial Intelligence – Without Permission
Ukrainian Refugee Iryna Zarutska Fled War To US, Stabbed To Death
Elon Musk Sues Apple and OpenAI Over Alleged App Store Monopoly
German Chancellor Friedrich Merz: “The Current Welfare State Can No Longer Be Financed”
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dutch Foreign Minister Resigns Amid Deadlock Over Israel Sanctions
Trump and Allies Send Messages of Support to Ukraine on Independence Day Amid Ongoing Conflict
China Reels as Telegram Chat Group Shares Hidden-Camera Footage of Women and Children
MotoGP Cameraman Narrowly Avoids Pedro Acosta Crash at Hungarian Grand Prix
Wizz Air passengers screamed as storm-battered flight diverts to Bologna
European postal services halt U.S. deliveries after Trump imposes new tariffs
Urban explorer finds abandoned luxury restaurant left to decay
Fidesz leader labels Péter Magyar a ‘bluffer’ amid escalating political spat
French rope park operator arrested for denying entry to Israeli children
Újpest thrashes Zalaegerszeg 4-1 to secure first win in five matches
Profit-margin cap costs retailers 13 billion forints a month, warns trade group
Curiosity rover finds coral-like rock on Mars hinting at watery past
U.S. green policy rollback drives investors to Europe’s sustainable finance market
Special funerals rise in Hungary: boat, aerial and forest burials gain popularity
Hungary’s Kiskunság region turning into semi-desert after extreme drought
Kopasz Bálint wins world kayak 1000 m title in Milan, making him triple world champion
Budapest’s Keleti railway station to close for four weeks for track overhaul
Balaton could be unfit for swimming by 2035 and dry by 2050, scientists warn
Leaked guidelines show Meta’s AI allowed flirty and racist interactions with children
Filming of ‘Emily in Paris’ halted after assistant director dies on set
Filipino guest workers sue after Hungary moves to deport them for pregnancy
Ukraine Declares De Facto War on Hungary and Slovakia with Terror Drone Strikes on Their Gas Lifeline
A monster hit and a billion-dollar toy empire
Animated K-pop Musical ‘KPop Demon Hunters’ Becomes Netflix’s Most-Watched Original Animated Film
Canada: Nurse Suspended and Fined 93 Thousand Dollars After Stating the World’s Most Well-Known Fact Since the Creation of Adam and Eve, That There Are Only Two Genders
Elon Musk tweeted, “Europe is dying”
Far-Right Activist Convicted of Incitement Changes Gender and Demands: "Send Me to a Women’s Prison" | The Storm in Germany
Hungary Criticizes Ukraine: "Violating Our Sovereignty"
Will this be the first country to return to negative interest rates?
U.S. Treasury Secretary Whitney Bessent Backs Stablecoins to Boost Treasury Demand
Spain to Declare Disaster Zones After Massive Wildfires
Three-Minute Battery Swap Touted as Future of EVs
Beijing Military Parade to Showcase Weapons Advances
×