US Treasury Secretary said she also urged Israeli PM Benjamin Netanyahu in recent letter to reinstate work permits for Palestinians & reduce barriers to commerce within West Bank.
Yellen said the two nations have been collaborating across a range of economic issues, including commercial and technological collaboration and strengthening supply chains.
Most semiconductor companies said China's export control of rare earth minerals won’t impact their business. Germany's Volkswagen said it was assessing the impact.
She noted that China's growing middle class was a huge market for American goods and services and that Washington's actions against Beijing were based on national security concerns.
US officials said Yellen will push to open new lines of communication and coordination on economic matters, and stress the consequences of supplying lethal aid to Russia.
During meeting with Banga a day before former Mastercard CEO takes office at World Bank, Yellen ‘conveyed her strong desire for Treasury to continue close collaboration’ with him.
Previous US military, economic and humanitarian aid totalling $46 billion has allowed Ukraine to preserve economic and financial stability, Yellen said.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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