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2/7/2024 READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Travel to France | U.S. Department of the Treasury READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Travel to France February 7, 2024 WASHINGTON – From February 5-6, Deputy Secretary of the Treasury Wally Adeyemo traveled to Paris, France to meet with senior French government counterparts and continue our close coordination with France on holding Russia accountable for its war against Ukraine. In engagements with senior o icials at the Elysée, the Prime Ministerʼs O ice, the Ministry of Finance, Ministry of Foreign A airs, and the Banque de France, Deputy Secretary Adeyemo reiterated the importance of maintaining pressure on Russiaʼs ability to fund its illegal war and equip its military – including through the G7+ price cap on Russian energy exports. In Paris, Deputy Secretary Adeyemo also highlighted Treasuryʼs expanded sanctions authorities, which target foreign financial institutions that facilitate significant transactions for Russiaʼs military procurement and production of battlefield goods. Lastly, Deputy Secretary Adeyemo noted the importance of sustaining the financial support for Ukraine that enable its brave resistance to Russia, and thanked French counterparts for their role in helping to secure €50 billion in economic assistance for Ukraine through the European Unionʼs Ukraine Facility. Deputy Secretary Adeyemo stressed the Biden Administrationʼs commitment to delivering direct budget support to Ukraine through its national security supplemental funding request before Congress, and discussed with French counterparts the importance of maintaining financial support for Ukraine over the medium- to long-term. ### https://home.treasury.gov/news/press-releases/jy2083 1/1
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