Wednesday, October 16, 2024
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26 C
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Wednesday, October 16, 2024

Finance Minister’s visit to Mexico, US to focus on G20, IMF, World Bank meetings

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Finance Minister’s visit to Mexico, US to focus on G20, IMF, World Bank meetings

Finance Minister Nirmala Sitharaman will be on an official visit to Mexico and the US to attend the annual meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG) and the Fund Bank.

During her maiden visit to Mexico from October 17-20, Ms Sitharaman will also hold a bilateral meeting with her counterpart Rogelio Ramirez de la O, Minister of Finance and Public Debt of Mexico.

In addition, she will also hold discussions with several members of the Mexican parliament to strengthen parliamentary cooperation and promote economic growth, the Finance Ministry said in a statement.

Ms Sitharaman will also visit the TCS headquarters in Guadalajara – an important contributor to the Mexican IT ecosystem and known as the ‘Silicon Valley’ of Mexico with a significant presence of leading global IT and technology companies.

Among other events, Ms Sitharaman will deliver the keynote address at the India-Mexico Trade and Investment Summit with the participation of leading industrialists from both countries.

During her visit to the United States from October 20-26, she will participate in the annual meetings of the International Monetary Fund (IMF) and the World Bank, the fourth G20 Finance Ministers and Central Bank Governors (FMCBG) meetings, in addition to the G20 Joint Meeting. Meeting of FMCBG, Environment Ministers and Foreign Ministers; and G7 – Africa Ministerial Roundtable.

During her two-city visit to New York City and Washington DC, she will participate in the Pension Fund Roundtable at the New York Stock Exchange; Interact with students and faculty at the Wharton School, the University of Pennsylvania, and Columbia University.

Ms Sitharaman will participate in bilateral meetings with several countries including the United Kingdom, Switzerland and Germany besides holding one-on-one meetings with the heads of the World Bank (WB), Asian Development Bank (ADB), European Bank for Reconstruction and Development (WB), among others. and Development (EBRD), and CEOs of Banking and Financial Institutions.

At a high-level event, the Finance Minister will participate in the World Bank Group discussion ‘From Idea to Implementation: New Financial Solutions to Accelerate Development’.

She will also share her views with other panelists during a discussion on the Bretton Woods Institutions (BWIs).

In a post on Twitter, the Finance Ministry said Ms Sitharaman on Tuesday interacted with members of the US-India Strategic Partnership Forum (USISPF), led by US-India Strategic Partnership Forum Chairman John T Chambers.

During the session, they highlighted India’s rapid economic growth, the vital role of our youth and growing investment prospects in insurance, housing, transitional and renewable energy, chemicals, critical minerals, startups and the commitment to make India a friendly destination to do business. Talked about. ,

USISPF acknowledged the major initiatives taken by the Government of India and India’s emergence as an investment destination.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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