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U.S. Deputy Secretary of the Treasury Wally Adeyemo arrived in Kyiv on Wednesday (May 29) to meet with Ukrainian officials to hold talks on tightening sanctions on Russia and increasing financial support for Ukraine.
He said the United States planned to take further measures to put pressure on the Russian economy.
“The Russian economy has become a war economy, and all production methods and industries are now focused on manufacturing weapons for the war they have chosen to fight, which is the aggression against Ukraine,” Adeyemo said in the Ukrainian capital, Kiev. “We need to do everything we can to deal with it.”
Adeyemo said the Treasury Department’s priorities were to reduce Russia’s revenues and prevent Russia from acquiring supplies it needs to support its defense industrial base, including dual-use supplies from China.
Since Russia’s full-scale invasion of Ukraine in February 2022, Washington has sanctioned more than 4,000 people and companies. Senior White House official Daleep Singh said this week that the language of the sanctions could be revised, which could open the door to secondary sanctions, Reuters reported.

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