US Treasury Secretary Scott Bessant officially confirmed that US leader Donald Trump's team is ready to actively cooperate with G7 allies to increase pressure on Russia.
Points of attention
- The Ukrainian Prime Minister expressed gratitude for the US stance and highlighted the emphasis on sanctions to deter Russian aggression and support for other countries funding Russian crimes.
- The US-Ukrainian Reconstruction Investment Fund is focusing on critical projects in minerals, energy, and infrastructure, with the pipeline for potential projects being formed.
Pressure on Russia will increase
Scott Bessent made a statement on this matter during a meeting with Ukrainian Prime Minister Yulia Svirydenko in Washington.
The Treasury Secretary “reaffirmed the United States’ readiness to work with G7 partners to significantly increase pressure on Russia.”
He (Bessent — ed.) emphasized the need for European allies to increase pressure not only on Russia, but also on any country that finances the Russian military machine by purchasing Russian oil, the US Treasury Department said in a statement.
Against this background, the head of the Ukrainian government expressed gratitude to Bessent for his "emphasis on sanctions."
I am grateful to Secretary Bessent for his position to work together with the G7 countries to pressure the aggressor and other countries that sponsor Russian crimes through the purchase of Russian oil.
Yulia Svyrydenko
Head of the Cabinet of Ministers of Ukraine
In addition, the Prime Minister officially confirmed that the US-Ukrainian Reconstruction Investment Fund has already begun its work.
According to Svyridenko, a number of important decisions remain for the full functioning of the Fund, but the first "pipeline" of potential projects is already being formed today.
"We focused on priority projects in critical minerals, energy, and infrastructure," she explained.
