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Sitharaman meets US Treasury Secy, Japanese and Canadian Finance Ministers
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IANS | 23 Feb, 2023
Union Finance Minister Nirmala Sitharaman on Thursday held a series of
meetings with various dignitaries, including US Treasury Secretary Janet
Yellen, Japanese Finance Minister Shunichi Suzuki and Canadian Deputy
Prime Minister and Finance Minister Chrystia Freeland, discussing an
array of issues such as strengthening of multilateral development banks
(MDBs), debt related issues and crypto assets.
The
meeting came just a day before the crucial first 'Finance Ministers and
Central Bank Governors' (FMCBG) meeting. The FMCBG meeting will be held
between February 24-25 in Bengaluru.
Sitharaman and Yellen
discussed their perspectives on strengthening MDBs, global debt
vulnerabilities, crypto assets and health.
Similarly, Sitharaman and her Japanese counterpart Shunichi Suzuki exchanged views on priorities under G20 Finance Track 2023.
Both
Sitharaman and Suzuki looked forward for a close cooperation between
Japan as G7 Presidency and India as G20 Presidency on strengthening of
MDBs, debt-related issues, financing cities of tomorrow and coordinated
policy for crypto assets.
The Japanese minister assured his "whole-hearted" support to India during G20 Presidency.
Later
in the day, Sitharaman met Canadian Deputy Prime Minister and Finance
Minister Chrystia Freeland, where both exchanged views on priorities
under G20 Indian Presidency.
Sitharaman acknowledged Canada for its support in the FMCBG Communique drafting, cooperation in MDB reform and climate finance.
Freeland
stated that the pension funds in Canada are aware of the safety and
opportunity of investing in India with a large population, economy size
and democratic structure, and will approach the National Infrastructure
and Investment Fund (NIIF).
She assured the Finance Minister of extending support to India during the G20 Presidency.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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Daily Poll |
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PM Modi's recent US visit to redefine India-US bilateral relations |
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