US vows to keep economic pressure on Iran as G20 finance talks begin
Treasury secretary Scott Bessent said a turning point in the US pressure campaign on Tehran could come 'within weeks or months'.
US Treasury Secretary Scott Bessent affirmed on Monday that the United States plans to maintain economic sanctions against Iran, following constructive talks with G20 finance ministers. The pressure campaign, initiated by President Donald Trump's administration, aims to bring about a turning point within weeks or months, even if Iran's economy does not collapse in the Middle East conflict.
The G20 finance leaders' discussions were convoluted by ongoing war and trade tensions. EU finance minister Roland Lescure expressed readiness to collaborate on the US-led sanctions, while emphasizing the need for Iran to cease destabilizing activities and engage in peaceful negotiations. The G20, founded in 1999 to foster global economic stability, comprises 19 nations, the EU, and the African Union.
Meanwhile, US trade policies and Russia's invasion of Ukraine were also discussed, with European officials criticizing Moscow's participation in the group.
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- US vows to keep economic pressure on Iran as G20 finance talks begin freemalaysiatoday.com
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