Yellen to meet Polish prime minister at start of trip to G7 finance meeting
By David Lawder
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will meet with Polish Prime Minister Mateusz Morawiecki on Monday to debate how Russia’s invasion of Ukraine impacts Poland’s economic system as a part of a week-long journey that additionally will take her to Brussels and a G7 finance leaders assembly in Germany.
Whereas in Warsaw, Yellen will “categorical her gratitude for the generosity Poland has proven in welcoming refugees” and can talk about the rising menace of meals insecurity and a world minimal tax deal that may elevate essential revenues, the U.S. Treasury Division mentioned in an announcement.
Yellen on Monday additionally will meet with Polish Finance Minister Magdalena Rzeczkowska and Nationwide Financial institution of Poland Governor Adam Glapinski, in addition to U.S. Ambassador to Poland Mark Brzezinski. The Treasury mentioned all through her conferences, Yellen will talk about the Russian invasion’s affect on Poland’s economic system, notably on inflation, and on its fiscal coverage and provide chains.
Yellen additionally will go to services for Ukrainian refugees, together with the World Central Kitchen, which is offering meals for refugees and spotlight the Treasury Division’s ongoing efforts to handle meals safety challenges arising from Russia’s invasion and blocked Ukrainian grain and exports.
On Tuesday in Brussels, Yellen will meet with European Fee President Ursula von der Leyen and U.S. Ambassador to the European Union Mark Gitenstein, the Treasury mentioned.
“These conferences will give attention to the affect of Russia’s battle in opposition to Ukraine, together with European vitality safety and Russian vitality imports, Ukraine’s financial help wants, and on the implementation of the worldwide tax settlement,” the Treasury mentioned.
Yellen additionally will ship remarks to the Brussels Financial Discussion board 2022 on the battle’s affect on the worldwide financial outlook and the way forward for multilateral.
On the G7 finance ministers and central financial institution governors assembly in Bonn, Germany, Treasury mentioned Yellen will work to advance the worldwide restoration and talk about steps to extend financial stress on Russia to finish its invasion.
The G7 is made up of carefully allied rich industrial democracies: Canada, Britain, France, Germany, Italy, Japan and the US.
(Reporting by David Lawder; Modifying by Chizu Nomiyama and Will Dunham)
