Saudi Press

Saudi Arabia and the world
Thursday, Mar 26, 2026

US Treasury secretary and other finance ministers walk out of G20 meeting with Russia

US Treasury secretary and other finance ministers walk out of G20 meeting with Russia

Finance ministers from multiple nations walked out of a closed-door G20 session in Washington on Wednesday when the Russian delegate began his prepared remarks, a show of protest against Moscow for its invasion of Ukraine.

US Treasury Secretary Janet Yellen participated in the walkout, as did European and other Western officials who were participating in the meeting.

Canada's finance minister Chrystia Freeland wrote on Twitter, "The world's democracies will not stand idly by in the face of continued Russian aggression and war crimes." She tweeted a photo of officials who left meeting, including Yellen, US Federal Reserve Chairman Jerome Powell and European Central Bank President Christine Lagarde.

Chrystia Freeland, Canada's deputy prime minister and finance minister, tweeted this photo on Wednesday, April 20. "The world's democracies will not stand idly by in the face of continued Russian aggression and war crimes," she wrote. "Today Canada and a number of our democratic partners walked out of the G20 plenary when Russia sought to intervene."


Ahead of the meeting, US officials had said Yellen would not participate in certain sessions of the gathering that included Russia.

Ukrainian officials also spoke at the session as invited guests, and also walked out during Russia's presentation. Yellen and other officials attended the session during those remarks, but departed when Russian Finance Minister Anton Siluanov began speaking virtually.

A separate official said finance ministers had discussed plans to boycott Russia's participation ahead of time.

Yellen said earlier this month she had informed this year's G20 host, Indonesia, that she wouldn't participate in sessions that included Russia. The G20 finance ministers are gathered in Washington this week to coincide with the annual meetings of the World Bank and International Monetary Fund.

Ahead of Wednesday's walkout, Treasury officials made clear it would not be business as usual when it came to Yellen's interactions with Russian officials during this week's big gathering of global economic leaders.

While Yellen will attend some sessions of the G20 Finance Ministers and Central Bank Governor meeting with Russian officials present, including the opening session, she will not be participating in all of them if the Russians are there, according to a senior US Treasury Official.

"President Biden's made clear and I certainly agree with him that it cannot be business as usual for Russia in any of the financial institutions," Yellen told the House Financial Services Committee. "He's asked that Russia be removed from the G20 and I've made clear to my colleagues in Indonesia that we will not be participating in a number of meetings if the Russians are there."

While President Biden has said Russia should no longer be in the G20, ejecting Moscow would require the support of all members. That is considered unlikely, as China has said it would not back kicking Russia out.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Trump Set for Palm Beach Return Following Saudi-Backed Summit in Miami
Saudi Arabia Accelerates Yanbu Oil Exports Toward Five Million Barrel Target
Report Highlights Saudi-US Security Discussions as Trump Administration Evaluates Iran Strategy
Saudi Arabia’s Humain Commits Three Billion Dollars to Elon Musk’s xAI in Strategic Technology Push
Saudi Arabia Signals Firm Shift in Iran Policy, Declares Coexistence No Longer Viable
Saudi Clubs Prepare Major Push to Sign Mohamed Salah Amid Growing Transfer Speculation
Saudi Arabia Rejects Claims It Seeks to Prolong Regional Conflict
Saudi Arabia Condemns Iranian Actions and Signals Firm Shift Toward Stronger Response
Saudi Arabia Reassesses Strategic Approach as Regional Tensions with Iran Intensify
Pakistan Reaffirms Strong Support for Saudi Arabia Following High-Level Visit
Saudi Arabia Expands Regional Trade Links by Opening New Land and Sea Routes to UAE
World Economic Forum Delays Saudi Conference as Regional Conflict Disrupts Global Agenda
Saudi Arabia and UAE Signal Potential Entry into Iran Conflict if Critical Infrastructure Is Targeted
Global Firms Accelerate Expansion into Saudi Arabia as Economic Reforms Gain Momentum
Global Labour Pressure Mounts as ILO Faces Calls to Reject Saudi Bid to Dismiss Migrant Worker Complaint
Gulf Powers Move Closer to Entering Iran Conflict as Regional Pressure Intensifies
Saudi Arabia Breaks Ranks with Regional Allies Over Response to Iran Escalation
Saudi Arabia Moves Closer to Direct Role as Iran Conflict Intensifies
World Economic Forum Postpones Jeddah Meeting Amid Escalating Regional Tensions
Saudi Crown Prince Reportedly Urges Trump to Sustain Military Pressure on Iran
Trump to Deliver Keynote Address at Saudi-Backed Investment Summit in Miami Beach
Saudi Arabia and Kuwait Press Ahead With Energy Agreements Despite Regional Conflict
Can Saudi Arabia’s Yanbu Port Replace Hormuz? Capacity Limits Test Critical Oil Lifeline
Saudi Arabia Detects Ballistic Missiles as Regional Tensions Escalate in Gulf
Saudi Aramco Reduces Oil Shipments to Asia for Second Consecutive Month
Saudi Aramco Reduces Oil Shipments to Asia for Second Consecutive Month
Saudi Arabia and UAE Push Ahead With Major Deals Despite Iran-Related Uncertainty
Formula One Cancels Bahrain and Saudi Arabia Grands Prix Amid Escalating Regional Tensions
Pakistan Signals Strategic Realignment Toward Saudi Arabia Amid Regional Tensions
Saudi Arabia Cuts Oil Shipments to Asia as Regional Conflict Disrupts Key Export Routes
Saudi Arabia Moves to Contain Regional Escalation as Houthis Signal Readiness to Join Conflict
Saudi Arabia Signals Independent Nuclear Strategy Unaffected by Iran Tensions
Saudi Arabia Signals Independent Nuclear Strategy Unaffected by Iran Tensions
Egypt Reaffirms Strong Support for Saudi Arabia as Sisi Condemns Iran’s Gulf Attacks
Saudi Stocks Close Higher as Tadawul Index Gains 0.55% on Broad Sector Strength
Iran Fires Ballistic Missiles Toward Riyadh as Gulf Conflict Intensifies
Barcelona Midfielder Marc Casadó Attracts €40 Million Interest from Saudi Clubs
Strait of Hormuz Tensions Rise as Saudi Arabia Opens Key Air Base to US Forces
Saudi Arabia Confronts Strategic Turning Point as Iran Conflict Redefines Regional Alliances
Saudi Arabia Intercepts Missile as Two Others Land in Remote Area Without Casualties
Saudi Expulsion of Iranian Military Attaché Raises Doubts Over Fragile Riyadh–Tehran Rapprochement
Saudi Arabia’s Strategic East–West Pipeline Gains Global Attention as Energy Routes Face Growing Risks
Iran Reportedly Reduces Strikes on Saudi Arabia Amid Concerns Over Strong Retaliation
Saudi Arabia Criticises Israeli Strikes in Southern Syria Amid Rising Regional Tensions
Egypt and Saudi Arabia Warn Iran’s Actions Threaten Stability Across the Gulf
Egypt and Saudi Arabia Warn Iran’s Actions Threaten Stability Across the Gulf
Saudi Arabia Unveils Comprehensive 2026 Roadmap to Streamline Company Formation
Saudi-UAE Tensions Reveal Emerging Rivalry at the Heart of Gulf Power Dynamics
Saudi Arabia Launches Gulf Maritime Support Initiative to Safeguard Shipping
Saudi Arabia Expands US Military Access as UAE Braces for Prolonged Iran Conflict
×