Yellen cancels part of her trip to Japan after Abe’s assassination

U.S. Treasury Secretary Janet Yellen testifies before a Senate Finance Committee hearing on President Biden’s 2023 budget, on Capitol Hill in Washington, U.S., June 7, 2022. REUTERS/Evelyn Hockstein

WASHINGTON, July 9 (Reuters) – U.S. Treasury Secretary Janet Yellen has canceled her visit to the port of Yokohama during her trip to Japan next week, a Treasury Department official said on Saturday, in deference after the assassination of former Prime Minister Shinzo Abe.

Abe was shot and killed on Friday while delivering a campaign speech on a street corner in the western city of Nara. Read more

Yellen was scheduled to travel to the Port of Yokohama on Tuesday to participate in a roundtable with business leaders, tour the facilities and deliver a speech.

The Treasury official said Yellen’s bilateral meetings in Japan would still take place. She is due to meet Finance Minister Suzuki Shunichi on Tuesday.

She will also meet with officials from South Korea and other G20 economies as she seeks to build support for a Russian oil price cap during her trip to Asia, the Treasury Department said Friday.

The trip, Yellen’s first visit to the Indo-Pacific region as Treasury Secretary, comes amid nagging questions about how a cap on Russian oil prices could work without support from India and the US. others who are now buying cheap Russian oil.

Reporting by Andrea Shalal; Written by Daphne Psaledakis, edited by Franklin Paul

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