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WASHINGTON, April 1 (Reuters) - U.S. Deputy Treasury Secretary Wally Adeyemo on Thursday kicked off a review of U.S. economic and financial sanctions, underscoring the need to use them as a strong, viable policy tool, the Treasury Department said in a statement.
Adeyemo met with academics and other experts on sanctions, who affirmed the role of U.S. sanctions as a key instrument of U.S. national security and foreign policy, the statement said. Deputy Secretary Adeyemo noted that sanctions remain a potent and valuable tool for policymakers and as programs are evaluated, it is critical to keep an eye toward ensuring they remain a strong, viable option in years to come, it said.
By Reuters Staff
2 Min Read
FILE PHOTO: Economist Adewale Wally Adeyemo speaks during his Senate Finance Committee nomination hearing to be Deputy Secretary of the Treasury in the Dirksen Senate Office Building, in Washington, D.C., U.S., February 23, 2021. Greg Nash/Pool via REUTERS/File Photo
WASHINGTON (Reuters) - U.S. Deputy Treasury Secretary Wally Adeyemo on Thursday kicked off a review of U.S. economic and financial sanctions, underscoring the need to use them as a strong, viable policy tool, the Treasury Department said in a statement.
Adeyemo met with academics and other experts on sanctions, who affirmed the role of U.S. sanctions as a key instrument of U.S. national security and foreign policy, the statement said.