G7 work on harnessing Russian assets 'a work in progress', U.S. Treasury's Adeyemo says
- Country:
- United States
Deputy U.S. Treasury Secretary Wally Adeyemo said G7 finance leaders were working towards a plan to unlock the value of frozen Russian sovereign assets to aid Ukraine in the near term, but the talks are still a "work in progress."
G7 finance leaders are meeting on Wednesday on the sidelines of the International Monetary Fund and World Bank meetings in Washington. He said finance ministers were doing technical work to come up with options so that leaders can make decisions on a path forward.
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