Yellen visits Ukraine, underscores US economic support

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Yellen visits Ukraine, underscores US economic support
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U.S. Treasury Secretary Janet Yellen says her first visit to Ukraine underscores Washington's commitment to continuing its economic support for the country.

Ukrainian President Volodymyr Zelenskyy, left, and U.S. Treasury Secretary Janet Yellen shake hands during their meeting in Kyiv, Ukraine, Monday, Feb. 27, 2023. – U.S. Treasury Secretary Janet Yellen said Monday her first visit to Ukraine underscored Washington's commitment to continuing its economic support for the country, as the din of air raid sirens echoed across the Ukrainian capital.

Shmyhal and Yellen also discussed sanctions aimed at weakening Russia's economy as well as the possibility of using Russian frozen assets to help in Ukraine's economic recovery. “Maintaining an effective government is indispensable to Ukraine’s capacity to respond to Russian attacks and other emergencies,” said Yellen. “Our economic support is keeping essential public services running. These services maintain economic and social stability in Ukraine”.

Yellen also met with Zelenskyy and other top officials, including the head of Ukraine’s National Bank.

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