Deputy U.S. Treasury chief to discuss Russia sanctions in Europe next week

U.S. Deputy Treasury Secretary Wally Adeyemo will travel to Paris and Brussels next week to meet with counterparts and discuss ways to step up sanctions imposed on Russia in response to its invasion of Ukraine, the Treasury said in a statement on Friday.

Adeyemo also will discuss additional economic assistance to Ukraine, minimizing economic spillovers from the war in Ukraine and implementation of a price cap on Russian oil exports, the Treasury said. In Paris, Adeyemo also will meet with financial services executives and a group of scholars and economists.