India will continue to seek US support to address global challenges, says FM Sitharaman

by IANS |

New Delhi, Nov 11 (IANS) Finance Minister Nirmala Sitharaman on Friday said that India will continue to rely on the US to address global economic challenges.

She made these comments in her opening remarks ahead of the 9th meeting of the India-US Economic Financial Partnership with US treasury secretary Janet Yellen.

"We'll continue to rely on the close cooperation of the US to address the global economic challenges, in a more coordinated manner and in strengthening multilateralism," the Finance Minister said.

Sitharaman further said that India deeply values its relationship with the US as a trusted partner. "Our strong ties have been reinforced, through significant and frequent interactions between the Prime Minister of India President of US and their commitment towards consolidating a strategic partnership."

Yellen, who earlier arrived on a day-long visit to New Delhi, said in her opening remarks, "We hope that mutual understanding we built will help us work together to advance our shared goals, incl mitigating existential risk of climate change, providing multilateral institutions, & addressing debt burdens faced by many developing countries."

During the meeting, both sides will discuss issues of mutual interest, including climate finance, multilateral issues, India-US cooperation at G20 under India's presidency, taxation, supply chain resilience, global economy and macroeconomic outlook.

Yellen had earlier in the day visited the Microsoft campus in Noida and also interacted with tech industry representatives.

Latest News
Sachin Tendulkar, BCCI office-bearers to felicitate World Cup-winning U19 women's team Tue, Jan 31, 2023, 12:19 AM
Female ex-SDF member sues Japan govt, abusers for sexual assault Tue, Jan 31, 2023, 12:18 AM
28 killed, 150 injured in blast at Peshawar mosque (3rd Ld) Tue, Jan 31, 2023, 12:15 AM
New cases declining, can achieve target of Leprosy Mukt Bharat by 2027: Mandaviya Tue, Jan 31, 2023, 12:14 AM
Upendra Kushwaha says stones pelted on his convoy in Bhojpur Tue, Jan 31, 2023, 12:12 AM
India's first glass igloo restaurant come up in J&K's Gulmarg Tue, Jan 31, 2023, 12:12 AM
Plane carrying Andhra Pradesh CM makes emergency landing Tue, Jan 31, 2023, 12:11 AM
MP minister Narottam Mishra plays anchor role in bringing back Katni mayor to BJP Tue, Jan 31, 2023, 12:10 AM
Protests in Assam over inclusion of 60 villages in Bodoland region Tue, Jan 31, 2023, 12:09 AM
Formula E World: Victory for Pascal Wehrlein and Porsche Sat, Jan 28, 2023, 12:15 PM
Man City beat Arsenal 1-0 to reach FA Cup fifth round Sat, Jan 28, 2023, 12:13 PM
Leipzig edge Stuttgart to move second in Bundesliga Sat, Jan 28, 2023, 12:05 PM
ILT20: Marcus Stoinis joins Sharjah Warriors, says he is mentally prepared for UAE weather Sat, Jan 28, 2023, 12:02 PM
Indian-American loses election to head Republican Party after challenging establishment Sat, Jan 28, 2023, 12:01 PM
Record rainfall overnight in Auckland causes massive flooding Sat, Jan 28, 2023, 11:59 AM