Union Finance Minister Nirmala Sitharaman met US Treasury Secretary Janet Yellen on Tuesday as part of her visit to the US to attend the annual meetings of the IMF-World Bank from October 11 to October 16.

Union Finance Minister Smt. @nsitharaman met US Treasury Secretary Ms Janet Yellen @SecYellen at the US Treasury, in Washington DC, today. The two leaders discussed current global #Macroeconomic situation among other issues of mutual interest. (1/3) pic.twitter.com/V2CuqAikcv

— Ministry of Finance (@FinMinIndia) October 11, 2022According to the statement put out after the meet, the two Ministers discussed global macroeconomic situation prevailing at the moment. The leaders also discussed various issues of significance towards India’s upcoming G20 Presidency.

Sitharaman also invited Yellen to attend the US-India Economic and Financial Partnership meeting in November this year. This will be Yellen's first visit to the South Asian nation.

During her US visit, Sitharaman will be attending the annual meetings of the International Monetary Fund (IMF), World Bank, G20 Finance Ministers and Central Bank Governor (FMCBG) meetings.

The Finance Minister will also participate in bilateral meetings with several countries, including Japan, South Korea, Iran, Saudi Arabia, Australia, New Zealand, and Germany, among others. She will also hold one-on-one meetings with leaders of the OECD, European Commission and UNDP.

She is also participating in a fireside chat on “India’s Economic Prospects and Role in the World Economy” at the Brookings Institution in Washington DC and will address the gathering on India’s unique Digital Public Goods (DPG) story and multiplier effects created in India through the interlinkages of ‘Technology, Finance and Governance’ at the School of Advanced International Studies (SAIS) at John Hopkins University.

The finance minister will interact with industry leaders to strengthen investment and innovation partnerships in two separate round tables on Saturday, one with the US-India Business Council - Confederation of Indian Industries (USIBC-CII) and the other with the US-India Strategic Partnership Forum - Federation of Indian Chambers of Commerce and Industry (USISPF-FICCI).

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First Published:Oct 11, 2022 10:48 AM IST