MEDIA ADVISORY: Deputy Treasury Secretary Wally Adeyemo to travel to Europe | Tech US News

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WASHINGTON – Deputy Treasury Secretary Wally Adeyemo will travel to Paris, France, London, United Kingdom and Brussels, Belgium Nov. 7-9 to continue close coordination with allies on sanctions against Russia for its brutal war against Ukraine. In meetings with government counterparts, he will follow last month’s call by countries that impose sanctions on Russia and export controls to discuss stepped-up efforts to deny Putin the revenue and military equipment he needs to continue his illegal war. Deputy Secretary Adeyemo will also discuss maintaining strong support to the Ukrainian government and people through direct economic assistance, as well as close coordination in the implementation of a Russian oil price cap that will facilitate the flow of Russian oil to world markets at higher prices low and will reduce Putin’s main source of income.

In Paris and London, Deputy Secretary Adeyemo will meet with private sector executives to hear their perspectives on sanctions evasion and enforcement, as well as the global spillover effects of Putin’s war on rising energy prices and exacerbating food insecurity .

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