US Treasury Secretary Janet Yellen speaks with Nirmala Sitharaman, lauds India!

New Delhi, March 16: US Treasury Secretary Janet Yellen appreciated India's role as a critical partner in fighting the COVID-19 pandemic during the telephonic conversation with Finance Minister Nirmala Sitharaman. They also discussed the global economic outlook.

 

"Finance Minister Smt. @nsitharaman had a fruitful discussion on the global economic outlook with US Secretary of Treasury @JanetYellen virtually. Dr. Yellen appreciated India’s contribution to the world’s vaccine efforts," the Ministry of Finance said in a tweet.

 

 

During the call both the leaders exchanged notes on economic issues of mutual interest and looked forward to the meeting of the India-US Economic and Financial Partnership later this year.

 

 

The Department of Treasury said in a readout, Yellen conveyed her intention to collaborate closely to support a strong global recovery from the COVID-19 pandemic, fight inequality, and advance a bold climate agenda.". Yellen appreciated India’s role as a critical partner in fighting the COVID-19 pandemic, it said.

 

"The Secretary looks forward to cooperating with Minister Sitharaman, both bilaterally and multilaterally, to address shared priorities,” it said.

 

Apart from it, Sitharaman congratulated Yellen on the well-thought-out COVID-19 relief through the USD 1.9 trillion American Rescue Plan, with a particular focus on working and middle-class. Both the leaders also agreed to work closely through common economic and strategic collaboration in various multilateral fora, including the G20.

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