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7/27/2022

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Visit to Belgium | U.S. Department of the Treasury

U.S. DEPARTMENT OF THE TREASURY
READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s
Visit to Belgium
July 27, 2022

BRUSSELS — On July 26, Deputy Secretary of the Treasury Wally Adeyemo met with
government counterparts in Brussels, Belgium, including European Commissioner for
Economy Paolo Gentiloni and Head of Cabinet of the President of the European Commission
Bjoern Seibert. In these meetings, they discussed their continued support for the people and
Government of Ukraine, including through economic assistance and the suspension of debt
service payments. Deputy Secretary Adeyemo and his counterparts also agreed to continue
discussions on a price cap on Russian oil to put downward pressure on global energy prices
and restrict funding for Putinʼs military. In addition, they discussed opportunities to build on
the historic sanctions imposed on Russia, which have significantly weakened the Russian
economy and military. These engagements follow the Deputy Secretaryʼs meetings with
counterparts in Paris.

https://home.treasury.gov/news/press-releases/jy0890

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