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U.S. DEPARTMENT OF THE TREASURY
READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s
Meeting with UAE Minister of State for Financial Affairs
October 17, 2022

WASHINGTON – Deputy Secretary of the Treasury Wally Adeyemo met with His Excellency
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, and senior officials from
the Central Bank of the United Arab Emirates on the sidelines of the Annual Meetings of the IMF
and the World Bank. They discussed global macroeconomic trends, financial support for African
countries, and the price cap on Russian oil exports. Deputy Secretary Adeyemo also expressed
concerns about Russian attempts to evade international sanctions and reiterated the
importance of ongoing bilateral cooperation on Anti-money laundering and countering the
financing of terrorism issues.
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