US to prioritize economic pressure on Iran at G20 finance meeting
WASHINGTON (Kyodo) -- The United States will place a high priority on discussing the need to isolate Iran further economically when it hosts a meeting
The United States has announced that it will prioritize discussing economic isolation of Iran during the upcoming Group of 20 finance chiefs meeting in Asheville, North Carolina, a senior Treasury official revealed on Thursday. With the ongoing U.S.-Israeli conflict against Iran, Treasury Secretary Scott Bessent had warned earlier that China and other nations risk facing secondary sanctions for engaging with Iran's economy.
The official emphasized the importance of other G20 members, representing advanced and emerging economies, adhering to U.S. sanctions rules. Bessent is expected to bring up this issue in private bilateral meetings during the G20 gathering, though it remains unclear if he will meet with his Chinese counterpart, a significant trade partner for Iran.
The U.S. aims to issue a joint communique after the two-day discussions, covering five main topics: economic growth, private sector engagement, global imbalances, sovereign debt challenges, and financial literacy.
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