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US Treasury Secretary Janet Yellen has called on China to help end Russia’s war in Ukraine.
In a speech in Washington on April 13, Yellen said she hoped China would do something positive from the “special relationship” recently established with Russia to help end the war, and said Beijing’s position in the world would suffer if it failed. to do such a thing.
“The world’s attitude towards China and its willingness to embrace further economic integration may be influenced by China ‘s response to our firm call for action against Russia,” Yellen said.
Yellen also stressed that the Biden administration is committed to holding Russia accountable for its “horrific behavior” and its violations of international law, warning that those seeking to undermine Western sanctions face consequences.
“The unified coalition will not be indifferent to actions that undermine the sanctions we have imposed,” she said.
Biden’s multilateral approach has enabled the Group of Seven advanced economies to impose significant costs on Russia, Yellen said, making it clear that the G7 countries acted in the name of a global order-based order that protects peace and prosperity.
Until Russian President Vladimir Putin ends his “terrible war,” she said the Biden administration would work with its partners to push Russia further into economic, financial and strategic isolation.
“The Kremlin will be forced to choose between supporting its economy and funding the continuation of Putin’s brutal war,” Yellen said.
Yellen’s speech comes as Washington and allies seek to put pressure on India, China and other countries to take a clear stance against Russia.
The US Secretary of the Treasury also acknowledged that the war has significantly increased the prices of food, energy and some metals.
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