Washington/New Delhi, Apr 21 (UNI) Union Finance Minister Nirmala Sitharaman arrived in the US on a five-day official visit during which she will attend the Spring Meetings of the IMF-World Bank.
She will also participate in the G20 Finance Ministers and Central Bank Governors (FMCBG) meetings besides bilateral meetings with many countries and organisations.
She was welcomed on her arrival by Indian Ambassador to the US Vinay Mohan Kwatra, and Srikar Reddy Koppula, Consul General of India in San Francisco.
“Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman is welcomed upon her arrival during her official visit to the USA by Shri Vinay Mohan Kwatra, Ambassador of India to the United States of America, along with Dr. Srikar Reddy Koppula, Consul General of India in San Francisco in presence of Shri Ajay Seth, Finance Secretary, at San Francisco International Airport, today,” the Ministry of Finance posted on X.
In the course of her two-day visit to San Francisco beginning April 20, the Union Finance Minister is to deliver a keynote address at the Hoover Institution at the Stanford University, San Francisco, on ‘Laying the foundations of Viksit Bharat 2047’ followed by a fireside chat session.
Sitharaman will also interact with top CEOs from prominent fund management firms during a Roundtable meeting with investors, besides holding bilateral meetings with CEOs from top information technology (IT) firms based in San Francisco. Sitharaman will also participate in an event featuring Indian diaspora in San Francisco and interact with the Indian community settled there, a statement said.
During her visit to Washington, from April 22-25, the Finance Minister will participate in the Spring Meetings of the International Monetary Fund (IMF) and the World Bank, the 2nd G20 Finance Ministers and Central Bank Governor (FMCBG) Meetings, Development Committee Plenary, IMFC Plenary, and Global Sovereign Debt Roundtable (GSDR) meeting.
On the sidelines of the Spring Meetings in Washington, she will hold bilateral meetings with her counterparts from several countries, including Argentina, Bahrain, Germany, France, Luxembourg, Saudi Arabia, United Kingdom, and USA; besides meeting EU Commissioner for Financial Services; President, Asian Development Bank (ADB); President, Asian Infrastructure Investment Bank (AIIB); United Nations Secretary-General’s Special Advocate for Financial Health (UNSGSA); and First Deputy Managing Director of the International Monetary Fund (IMF).
During her maiden visit to Peru from April 26-30, the Union Finance Minister will lead an Indian delegation of officials from the Ministry of Finance and business leaders, highlighting the strengthening bilateral economic and trade relations between the two nations.
Beginning her visit in Lima, Finance Minister Sitharaman is expected to call on the President of Peru, Dina Boluarte, and Prime Minister Gustavo Adrianzén, besides holding bilateral meetings with the Peruvian Ministers of Finance and Economy; Defence; Energy and Mines; and also holding interaction with local public representatives.
In the course of her visit to Peru, the Union Finance Minister will chair the India-Peru Business Forum meeting with prominent business representatives in attendance from both India and Peru. She will also hold an interaction with the Indian investors and businesses currently operating in Peru, as well as the Indian Business delegation visiting Peru.
Given Peru’s importance in the global supply chain of critical minerals and precious metals, discussions during these engagements are also expected to explore avenues for greater collaboration in the mining sector, particularly to strengthen India’s resource security and facilitate value-chain linkages between the two economies.
The Union Finance Minister will also participate in a community event at Lima, where she will interact with the Indian diaspora living in Peru, the statement added.
