Union Finance Minister Nirmala Sitharaman met US Treasury Secretary Janet Yellen in Washington DC. Sitharaman is in Washington to attend the World Bank and IMF Spring Meetings 2023.
They discussed strengthening the India-US economic and financial partnership and increasing engagements at bilateral and multilateral forums.
"Taking the discussions ahead from their last meeting during the Economic Financial Dialogue EFD, in India, in November '22, the two leaders discussed strengthening the India-US economic & financial partnership and increasing engagements at bilateral and multilateral forums."
Sitharaman highlighted the importance of coordinated global action to address debt vulnerability in low and middle-income countries. She also batted for the need for financial support to help developing economies achieve their climate goals.
On international platforms India has always positioned itself to be the voice of the global south.
Sitharaman appreciated the multi-faceted partnership between the two countries and highlighted the role of multilateral forums like G20, QUAD and IPEF in fostering this partnership. She also called for further cooperation in addressing global economic challenges.
