According to an official familiar with the meeting, several central bank governors and finance ministers left the room. The official spoke under the condition that anonymity as the event was private. The person claimed that some central bank governors and ministers who were present at the meeting turned off their cameras when the Russia representative spoke.
This incident occurred during the International Monetary Fund spring meeting, where finance heads meet to discuss the most pressing global issues. The horrific effects of Russia’s war against Ukraine are now front and center. Treasury officials stated earlier this week that Yellen would avoid any contact Russian officials who intend to attend Group of 20 events virtual.
President Joe Biden stated that Russia should be removed from the G-20, an international group of the largest economies in the world that encourages economic cooperation among countries.