Pressure on Russia will increase

Scott Bessent made a statement on this matter during a meeting with Ukrainian Prime Minister Yulia Svirydenko in Washington.

The Treasury Secretary “reaffirmed the United States’ readiness to work with G7 partners to significantly increase pressure on Russia.”

He (Bessent — ed.) emphasized the need for European allies to increase pressure not only on Russia, but also on any country that finances the Russian military machine by purchasing Russian oil, the US Treasury Department said in a statement.

Against this background, the head of the Ukrainian government expressed gratitude to Bessent for his "emphasis on sanctions."

I am grateful to Secretary Bessent for his position to work together with the G7 countries to pressure the aggressor and other countries that sponsor Russian crimes through the purchase of Russian oil.

Yulia Svyrydenko

Head of the Cabinet of Ministers of Ukraine

In addition, the Prime Minister officially confirmed that the US-Ukrainian Reconstruction Investment Fund has already begun its work.

According to Svyridenko, a number of important decisions remain for the full functioning of the Fund, but the first "pipeline" of potential projects is already being formed today.

"We focused on priority projects in critical minerals, energy, and infrastructure," she explained.