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Will seek US's support in global economic challenges: Sitaraman

Will seek USs support in global economic challenges: Sitaraman

New Delhi: India wishes to continue to gather the US's support in addressing global economic challenges, Finance Minister Nirmala Sitharaman said on Friday.

Speaking at the 9th meeting of the India-US Economic Financial Partnership with US treasury secretary Janet Yellen, Sitharaman said, "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 that India values its relationship with the US strongly and considers it a trusted partner.

"Our strong ties have been reinforced through significant and frequent interactions between the Prime Minister of India, President of the US and their commitment towards consolidating a strategic partnership," she said.

Meanwhile, Yellen said, "We hope that the 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."

The duo discussed 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 at the meeting.

Yellen, who landed in New Delhi for a two-day visit, called on at the Microsoft campus in Noida and also interacted with tech industry representatives.

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TAGS:USFinance MinisterIndiaNirmala Sitaramaneconomic challenges
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