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Reuters
Reuters
Business
By Andrea Shalal

U.S. aims to rally allies to up pressure on Russia, shore up Ukraine support

An armoured military vehicle speeds through Chasiv Yar during heavy fighting at the frontline of Bakhmut and Chasiv Yar, Ukraine, April 10, 2023. REUTERS/Kai Pfaffenbach

The U.S. government will seek to rally allies this week to ratchet up economic pressure on Russia over its invasion of Ukraine, and shore up support for Kyiv, a top U.S. Treasury official is slated to say on Monday.

Treasury Undersecretary Jay Shambaugh will underscore the United States' unwavering commitment to Ukraine in a speech at the Brookings Institution as global finance officials gather in Washington for the spring meetings of the International Monetary Fund and World Bank, according to excerpts obtained by Reuters.

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