The finance ministers of the United States, Japan and South Korea will hold a trilateral meeting for the first time this week to discuss "sanctions" and various other issues, Treasury Secretary Janet Yellen said Tuesday, without mentioning which country is targeted.
The meeting is due to take place on Wednesday in Washington on the sidelines of the International Monetary Fund and World Bank spring meetings, according to officials.
Speaking at a press conference, Yellen said she will coordinate with her Japanese and South Korean counterparts "on issues from sanctions to climate and financial resilience in the Pacific Islands."
The sanctions could be related to Russia, which continues with its war against Ukraine, North Korea, which relentlessly pursues its nuclear ambitions, or Iran, which launched an unprecedented attack on Israel over the weekend.
The first-ever meeting is part of the three countries' efforts to boost cooperation on areas beyond traditional security affairs concerning North Korea following a three-way summit U.S. President Joe Biden organized last August with Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol.
