President of Ukraine

The Office of the President Hosted a Meeting with the U.S. Deputy Secretary of the Treasury

30 May 2024 - 13:42

The Office of the President Hosted a Meeting with the U.S. Deputy Secretary of the Treasury

Deputy Head of the Office of the President Iryna Mudra and Advisor to the Head of the Office of the President Vladyslav Vlasiuk met with U.S. Deputy Secretary of the Treasury Wally Adeyemo. The parties discussed U.S. support for Ukraine, steps to strengthen sanctions against Russia, and implementation of reforms.

The Deputy Head of the Presidential Office expressed hope that the decision of the U.S. Congress to use frozen Russian assets for the benefit of Ukraine would set an example for other countries.

“First of all, we want these funds to be reserved as a source of compensation for the victims of the war. And secondly, of course, for the other budgetary needs of Ukraine,” Iryna Mudra said.

During the meeting, the parties discussed in detail the communication with the G7 partners on the legal justification of penalties and the mechanisms of transfer of funds to Ukraine, in particular through the instruments of the World Bank.

Special attention was paid to the strengthening of sanctions against Russia as well as individuals and legal entities supporting its aggression. Vladyslav Vlasiuk, Advisor to the Head of the Office of the President, explained in detail how Russia gains access to technologies and components that allow it to continue producing weapons.

Wally Adeyemo stressed that the Russian economy has been transformed into a war economy and noted that the work of the Russian military-industrial complex would be impossible without the help of China. The United States insists that China must choose between Russia and the free world.

He also stated that the United States plans to expand the imposition of sanctions on financial institutions.

Wally Adeyemo assured that the USA believes in the existence of legal grounds for confiscating Russian assets in favor of Ukraine. The United States intends to begin work on their unblocking as soon as possible.