Yellen Heads to India for G-20 Summit While Worries Mount Over China

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Yellen Heads to India for G-20 Summit While Worries Mount Over China
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US Treasury Secretary Janet Yellen will make her fourth visit to India in less than a year next week, joining a summit of world leaders to discuss global economic vulnerabilities including assistance needed for distressed developing nations.

Yellen will accompany President Joe Biden at the Group of 20 leaders’ gathering in New Delhi, the Treasury said Thursday. She will hold bilateral meetings with counterparts and join Biden for several of his engagements on the margins of the meetings, the Treasury said.

The US will be seeking to rally allies to maintain economic support for Ukraine and impose costs on Russia through measures including sanctions and the price cap on Russian oil, a Treasury official said. While in New Delhi, Yellen will meet with Indian counterparts to discuss common priorities like expanding bilateral economic ties and cooperating on global challenges, the Treasury said.

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