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10/16/2023

Remarks by Secretary of the Treasury Janet L. Yellen ahead of Bilateral Meeting with European Commissioner of Eco…

Remarks by Secretary of the Treasury Janet L. Yellen ahead of
Bilateral Meeting with European Commissioner of Economy
Paolo Gentiloni
October 16, 2023

As Prepared for Delivery
Iʼd like to thank Commissioner Gentiloni for meeting with me today to discuss our mutual
global priorities, as well as recent U.S. and European Commission initiatives.
The European Commission has been an essential partner to the United States in forming an
international coalition to provide Ukraine with crucial economic support.
As you know, we have also coordinated closely to impose costs on Russia and degrade its
ability to prolong Putinʼs unjust war against Ukraine.
Our partnership is durable and rooted in deep and broad economic and diplomatic ties. The
EU as a whole is our biggest trading partner and critical to our e orts to “friendshore” supply
chains.
In our meeting today, I look forward to discussing our shared responsibility to address
Ukraineʼs financing needs, the global minimum tax, and our respective China strategies.
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https://home.treasury.gov/news/press-releases/jy1809

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