US Deputy Secretary of the Treasury Wally Adegemo traveled to Turkey this week for talks on Russia’s invasion of Ukraine and the imposition of sanctions on Moscow, according to a statement issued by the US State Department on Saturday.
Adejemo was in Turkey from Wednesday to Friday, where during his visit he had contacts with officials from the Ministries of Foreign Affairs and Economy and Finance in Ankara, as well as with representatives of financial institutions in Istanbul, according to Reuters.
The finance ministry said Antegemo had discussed with representatives of financial institutions the issue of Western sanctions imposed on Russia following its invasion of Ukraine on February 24.
“All parties have expressed their desire to ensure that Turkey is not used as a haven for illicit financing and that the integrity of its banking sector continues to be protected,” the statement said.
Washington and its allies have imposed heavy sanctions on Moscow since its invasion of Ukraine, including large banking institutions and Russian President Vladimir Putin.
Kyiv has criticized Turkey’s reluctance to participate in Western sanctions on Russia, but has repeatedly thanked Ankara for its diplomatic and military support in ending the war, such as hosting officials. on both sides for peace talks.
Source: Capital

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.