View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

U.S. DEPARTMENT OF THE TREASURY
MEDIA ADVISORY: Deputy Secretary of the Treasury Wally
Adeyemo to Travel to Europe
July 7, 2023

WASHINGTON – Deputy Secretary of the Treasury Wally Adeyemo will travel to Europe from July 9 –
15 to discussed shared economic opportunities from the Inflation Reduction Act, securing clean
energy supply chains, and continued coordination on countering sanctions evasion. Deputy
Secretary Adeyemo will visit Belgium, Brussels; Frankfurt and Berlin, Germany; and Rome, Italy.
In Brussels, Deputy Secretary Adeyemo will meet with officials at the European Commission to
discuss partnership with allies and partners to build reliable clean energy supply chains to support
green economic transitions. They will also discuss shared work to counter efforts by Russia to
evade the sanctions and export controls imposed by a coalition of over 35 countries for its brutal
war against Ukraine. In recent months, U.S. and E.U. officials have jointly traveled to countries that
have served as transshipment points for dual-used goods flowing to Russia to offer technical
assistance and clarify risk. While in Belgium, the Deputy Secretary will also meet with private
sector representatives to discuss strengthening the critical mineral supply chain.
In Frankfurt, the Deputy Secretary will convene a banking roundtable to hear perspectives on the
macroeconomic outlook and financial conditions in Europe. He will also meet with critical
minerals industry participants to discuss the importance of resilient supply chains. In Berlin,
Deputy Secretary Adeyemo will see government counterparts to discuss a wide range of issues,
including curbing the transshipment of Western-made dual use components to Russia, European
investments in clean energy deployment, and combatting climate change.
In Rome, Deputy Secretary Adeyemo will meet with government officials to discuss clean energy,
Russia sanctions, the G7 agenda, and strengthening the global economy.
###