May 29, 2024, 5:10 PM
May 29, 2024, 7:33 AM

US Treasury official discusses sanctions and financial support in Ukraine

Highlights
  • A U.S. Treasury official visits Ukraine to talk about financial support and sanctions.
  • Discussions include using frozen Russian assets for Ukraine's benefit.
  • The meeting aims to strengthen Ukraine's position against Russian forces.
Story

A senior U.S. Treasury official visited Kyiv to talk about helping Ukraine with money, making sanctions on Russia stronger, and using Russian assets to help Ukraine fight against Russia. The official, Deputy Secretary Wally Adeyemo, met with Ukrainian government officials to discuss these important matters. This visit happened because Russia is gaining more land in the war, and Ukraine needs more support. The U.S. wants to help Ukraine financially and make sure Russia faces consequences for its actions. Adeyemo also talked about how China is helping Russia by selling them goods that can be used for military purposes. He mentioned that Russia can only build weapons because of China's support. Adeyemo will give a speech in Berlin about stopping goods from reaching Russia through other countries. This is important to prevent Russia from getting what it needs to continue the war. The U.S. has put sanctions on many people and businesses in Russia since the war started in February 2022. This is to make it harder for Russia to do business and fund its military. Adeyemo's visit to Ukraine and his discussions with officials are part of the U.S. government's efforts to support Ukraine and hold Russia accountable for its actions.

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