Yellen says ‘absolutely necessary’ for G20 to condemn war in Ukraine

Yellen says ‘absolutely necessary’ for G20 to condemn war in Ukraine

By David Lawder

BENGALURU (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters that a strong statement condemning Russia’s war in Ukraine was “absolutely necessary” for a communique from the G20 finance leaders’ meeting in India concluding on Saturday.

Yellen said in an interview that leaving a war condemnation out of the communique would be a step back from a statement made by G20 leaders last November on the Indonesian island of Bali.

Asked whether there would be no communique from the G20 finance ministers and central bank governors meeting without such a statement, Yellen said negotiations were continuing.

The meeting on the outskirts of India’s Bengaluru tech hub was due to end late on Saturday.

“I think there has to be a statement in the communique condemning Russia’s war. We’ve had it in the past, in Bali and it’s something that I think is absolutely necessary,” Yellen said.

“And…
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