Union Finance Minister Nirmala Sitharaman and United States Treasury Secretary Janet Yellen on Monday met in Gandhinagar on the sidelines of the third G20 Finance Ministers and Central Bank Governors (FMCBGs) meeting under the Indian G20 Presidency.
The leaders discussed issues such as strengthening the multilateral development banks and harnessing opportunities presented by crypto assets. Sitharaman pointed out that the recent state visit of Prime Minister Narendra Modi to the United States last month and his meeting with the US President enhanced the strength and dynamism of the US-India partnership.
Addressing a press conference, Sitharaman said, “Our discussions highlight the commitment of India and the United States to actively further the G20 agenda. And these include addressing critical global issues such as strengthening the multilateral development banks and taking coordinated climate action facilitating consensus to intractable issues associated with rising indebtedness of low and middle-income countries and harnessing opportunities presented by crypto assets and digital public infrastructure for financial inclusion.”
“I also look forward to furthering our bilateral interests through development cooperation and new investment opportunities through alternate investment platforms for renewable energy,” she added.