View original document

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

5/17/2022

READOUT: U.S. Secretary of the Treasury Janet L. Yellen’s Meetings in Warsaw, Poland | U.S. Department of the Treas…

READOUT: U.S. Secretary of the Treasury Janet L. Yellen’s
Meetings in Warsaw, Poland
May 16, 2022

WARSAW—U.S. Secretary of the Treasury Janet L. Yellen visited Warsaw, Poland from May 1416. In meetings with Polish Prime Minister Mateusz Morawiecki and Finance Minister
Magdalena Rzeczkowska, Secretary Yellen reiterated the United Statesʼ steadfast support for
Ukraineʼs sovereignty and welcomed Polandʼs strong partnership in holding Russia
accountable for its war against Ukraine. The Secretary expressed her gratitude at the
generosity Poland has shown in welcoming refugees fleeing Russiaʼs illegal war on Ukraine.
The Secretary also discussed the energy situation in Europe and investment screening.
Secretary Yellen also underscored the need to move forward on the global agreement on
international tax reform, including a global minimum tax that will raise crucial revenues to
benefit the citizens of both Poland and the U.S. One hundred and thirty seven countries
representing nearly 95% of the worldʼs GDP agreed last fall on a deal that will stabilize our tax
systems, provide resources to invest in security and respond to crises like Covid-19, and
ensure corporations fairly share the burden of financing government. Secretary Yellen
committed to continuing to work together with Poland on this important initiative.
The Secretary also met with Governor of Narodowy Bank Polski Adam Glapiński. The Secretary
discussed the macroeconomic impacts of Russiaʼs war against Ukraine as well as e orts by
Narodowy Bank Polski to facilitate currency conversion for refugees.

https://home.treasury.gov/news/press-releases/jy0786

1/1