Nirmala Sitharaman embarks on an 11-day trip to US, Peru – India News #IndiaFinance

Finance minister Nirmala Sitharaman departs Saturday night on an 11-day trip to the US and Peru, with the first leg of the visit in the US focused on the Spring Meetings of the IMF-World Bank, G20 Finance Ministers and Central Bank Governors (FMCBG) meetings, bilateral meetings with counterparts and interaction with top CEOs.

During her six-day stay in the US, Sitharaman will deliver a keynote address on April 20 at the Hoover Institution at the Stanford University, San Francisco, on ‘Laying the foundations of Viksit Bharat 2047’ followed by a fireside chat session.

She will also interact with top CEOs from prominent fund management firms during a round table meeting with investors, besides holding bilateral meetings with CEOs from top information technology (IT) firms based in San Francisco. She will also participate in an event featuring Indian diaspora in San Francisco and interact with the Indian community.

During her visit to Washington between April 22nd and 25th, the 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, Sitharaman will hold bilateral meetings with her counterparts from several countries, including US, United Kingdom, Argentina, Bahrain, Germany, France, Luxembourg and Saudi Arabia. Besides meeting EU Commissioner for Financial Services, she will meet Asian Development Bank president, Asian Infrastructure Investment Bank president, United Nations Secretary–General’s Special Advocate for Financial Health and First Deputy Managing Director of the International Monetary Fund.

During her maiden visit to Peru from April 26 to 30, Sitharaman will lead an Indian delegation of officials from the ministry of finance and business leaders for strengthening bilateral economic and trade relations between the two nations.

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.

Beginning her visit in Lima, Sitharaman is expected to call on the Peru President 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, she will will chair the India-Peru Business Forum meeting with prominent business representatives in attendance from both India and Peru. Sitharaman will also hold an interaction with the Indian investors and businesses currently operating in Peru, as well as the Indian Business delegation visiting Peru.