What happened

The Russian Finance Ministry said Finance Minister Anton Siluanov and US Treasury Secretary Scott Bessent discussed cooperation between the two countries in the financial sector.

The discussion also included interaction within the Group of Twenty (G20) framework, according to the ministry's statement.

Why it matters

The talks indicate that financial officials from Russia and the US are keeping a channel of communication open despite broader geopolitical strains. The G20 aspect suggests both sides are willing to engage on multilateral economic coordination.

Key facts

The Russian Finance Ministry reported the discussions.

Participants were Finance Minister Siluanov and US Treasury Secretary Bessent.

Topics covered bilateral financial cooperation and G20 framework interaction.

What to watch next

Whether these discussions lead to any concrete agreements or further official meetings between the two finance ministries.

Any subsequent statements from either side that provide more details on the topics addressed or the outcomes of the conversation.

Sources