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3/19/2020

Readouts from Secretary Mnuchin’s Bilateral Meetings on Saturday, February 22, 2020 | U.S. Department of the Treasury

Readouts from Secretary Mnuchin’s Bilateral Meetings on
Saturday, February 22, 2020
February 23, 2020

Readout from a Treasury Spokesperson on Secretary Mnuchin’s mee ng with European Central
Bank President Chris ne Lagarde
Riyadh – U.S. Treasury Secretary Steven T. Mnuchin met with European Central Bank (ECB)
President Chris ne Lagarde at the G20 Finance Ministers and Central Bank Governors Mee ng in
Riyadh. Secretary Mnuchin and ECB President Lagarde reaffirmed the strength of the rela onship
between the United States and European Union and discussed the global economic outlook, the
outlook for the European economy, and the ECB monetary policy strategy review.
Readout from a Treasury Spokesperson on Secretary Mnuchin’s mee ng with Saudi Arabian
Minister of Finance, His Excellency Mohammed Al-Jadaan
Riyadh – U.S. Treasury Secretary Steven T. Mnuchin met with His Excellency Mohammed al-Jadaan,
Saudi Arabian Minister of Finance. Secretary Mnuchin thanked Minister Al-Jadaan for hos ng the
G20 Finance Ministerial mee ng and expressed his apprecia on for Saudi Arabia’s con nued
leadership of the Terrorist Finance Targe ng Center. They also discussed ongoing efforts to combat
terrorism and illicit finance, and to deliver progress on issues such as debt transparency and
sustainability, and digital assets.
Readout from a Treasury Spokesperson on Secretary Mnuchin’s mee ng with Canadian Minister
of Finance Bill Morneau
Riyadh – U.S. Treasury Secretary Steven T. Mnuchin met with Canadian Minister of Finance Bill
Morneau and reaffirmed the strong economic and trade rela onship between the United States
and Canada. The Secretary and Minister discussed con nued efforts to reach a mul lateral

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Readouts from Secretary Mnuchin’s Bilateral Meetings on Saturday, February 22, 2020 | U.S. Department of the Treasury

agreement on interna onal taxa on, as well as the economic outlook, and security issues of mutual
concern.
Readout from a Treasury Spokesperson on Secretary Mnuchin’s mee ng with French Finance
Minister Bruno Le Maire
Riyadh – U.S. Treasury Secretary Steven T. Mnuchin met with French Finance Minister Bruno Le
Maire. The Secretary and Minister con nued discussions on the global economy, comba ng illicit
financing, and interna onal taxa on and reaffirmed their commitment to the nego a ons taking
place at the OECD and achieving a consensus solu on this year.
Readout from a Treasury Spokesperson on Secretary Mnuchin’s mee ng with Interna onal
Monetary Fund Managing Director Dr. Kristalina Georgieva
Riyadh – U.S. Treasury Secretary Steven T. Mnuchin met with Interna onal Monetary Fund
Managing Director Dr. Kristalina Georgieva. They discussed the global economic outlook, including
poten al impacts of the coronavirus outbreak, and the importance of con nued ac on to reduce
debt vulnerabili es.
Readout from a Treasury Spokesperson on Secretary Mnuchin’s mee ng with Saudi Arabian
Monetary Authority Governor, His Excellency Dr. Ahmed al-Kholifey
Riyadh – U.S. Treasury Secretary Steven T. Mnuchin met with His Excellency Dr. Ahmed al-Kholifey,
Governor of the Saudi Arabian Monetary Authority. Secretary Mnuchin reaffirmed the economic
and security rela onship between the United States and Saudi Arabia and expressed his support for
Saudi Arabia’s G20 financial sector agenda. They discussed a range of topics including the Saudi
Arabian economy, developments in financial technology, and shared counterterrorism and illicit
finance priori es.
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