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US hosts G20 finance talks with growth, Iran pressure on agenda

Finance leaders from the Group of 20 major economies open talks Monday at a US-hosted gathering, as the Trump administration seeks consensus on lifting global growth while ramping up economic pressure on Iran. The gathering of G20 finance ministers and central bank governors takes place Monday and Tuesday in the Blue Ridge Mountains city of Asheville, North Carolina.

US finance leaders are hosting a G20 meeting in Asheville, North Carolina, with growth and pressure on Iran on the agenda. According to Al-Monitor, the gathering of G20 finance ministers and central bank governors will take place over two days.

The US is seeking consensus on lifting global growth and increasing economic pressure on Iran. Middle East Eye reports that the US Treasury Department plans to unveil fresh sanctions on Iran in the coming weeks, with an initial focus on banks.

US Treasury Secretary Scott Bessent told Reuters that the goal is to cut economic ties to Iran, warning that banks that aid the Iranian regime will face secondary sanctions. Bessent intends to convey this message to G20 finance ministers and central bank governors.

Brief written by urgent.news from Al-Monitor, Middle East Eye — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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