- European financial officials pushed back on the invitation of Russia’s finance minister to the G20 finance meeting in Asheville, N.C., this week.
- The European officials expressed concern that Russian Finance Minister Anton Siluanov’s presence risked normalizing ties with Moscow amid its full-scale war against Ukraine.
- Germany's Finance Minister Lars Klingbeil found the signal sent by receiving the Russian finance minister ‘quite troubling’ and wanted greater clarity from the American side that he should not be received as a normal guest.
- Klingbeil stated that Europe is readying another package of sanctions against Moscow.
European financial officials expressed strong opposition to the invitation extended to Russian Finance Minister Anton Siluanov at the G20 meeting in Asheville, North Carolina, fearing it could normalize relations with Moscow during its ongoing war against Ukraine.2
German Finance Minister Lars Klingbeil voiced concerns, stating, "A joint approach would be best, yet it is sometimes unclear whether there might be a loosening of the stance over there. That is why I find the signal sent by receiving the Russian finance minister here quite troubling." He emphasized the need for clarity from the U.S. regarding Siluanov's presence, suggesting he should not be treated as a normal guest.34
The U.S. Treasury Secretary Scott Bessent met with Siluanov, making it clear that economic relief for Russia would not be considered until the war concludes. A source revealed that Bessent forcefully interrupted Siluanov during discussions, reiterating that no cooperation could occur until the conflict ends.
In a show of solidarity, European ministers and central bankers opted out of the traditional family photo with Siluanov, highlighting their disapproval of his attendance. As Europe prepares a new sanctions package against Russia, the situation underscores the delicate balance of international relations amid ongoing hostilities.
“Siluanov met with Treasury Secretary Scott Bessent to discuss the Russian-American financial relationship and G20 cooperation, per Russia's Finance Ministry. German Finance Minister Lars Klingbeil said he wanted greater clarity that the Russian minister should not be received as a normal guest.”











