The G20 finance ministers' meeting in Asheville, North Carolina, USA, ended with a statement that all countries except China fully supported, suggesting that "there has been no impact" from the Russian presence, according to Bessent.
European allies of Ukraine have expressed frustration with the decision to allow Russia to attend.
I know some Europeans had a bad taste in their mouths, but I think it's very important to have contact, says Bessent.
The statement from the meeting calls for "free, secure and predictable shipping through the Strait of Hormuz," something that China did not want to support.
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