US Treasury Official Discusses Sanctions and Seizing Russian Assets in Ukraine

Reported 6 months ago

During an official visit to Kyiv, Ukraine, the United States Deputy Treasury Secretary Wally Adeyemo met with Ukrainian officials to discuss enforcing sanctions on Russia, utilizing frozen Russian assets for Ukraine's benefit, and addressing the economic support provided by China to Russia. Adeyemo highlighted the need to target Russia's wartime economy and prevent the flow of dual-use goods from reaching Moscow. Efforts are underway to secure frozen Russian assets for Ukraine's war efforts, with discussions on potential financial support through loaning $50 billion from these assets. U.S. officials are calling for corporate responsibility to ensure that products do not aid Russia's military efforts.

Source: YAHOO

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