Bookmark Bookmark

8TH MINISTERIAL MEETING OF INDIA-USA ECONOMIC AND FINANCIAL PARTNERSHIP

8TH MINISTERIAL MEETING OF INDIA-USA ECONOMIC AND FINANCIAL PARTNERSHIP

Context:

On 15th Oct 2021, the 8th ministerial meeting of the India-U.S.A. Economic and Financial Partnership Dialogue was held in Washington D.C. It was organised on the sidelines of the annual meetings of the International Monetary Fund and the World Bank in Washington.

Chair of the Meeting:

  • It was chaired by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman and the Secretary of the Treasury of the United States Dr Janet Yellen.

Key Highlights of the Meeting:

  • During the meeting of the India-U.S.A. Economic & Financial Partnership, discussions were held on a number of subjects, including the macroeconomic outlook and recovery from the COVID-19 pandemic, multilateral engagement, financial regulatory and technical collaboration, climate finance and anti-money laundering and combating the financing of terrorism (AML/CFT).
  • Both sides affirmed their commitments to continue collaboration both at bilateral and multilateral fora to address mutual and global economic issues and strive towards amicable strategies and solutions.

The India-US Economic and Financial Partnership:

  • It was launched in 2010 as a framework to strengthen the economic bonds and build greater cooperation and economic growth in the future, between the two countries.

You might be interested:

WORLD FOOD DAY 2021: OCTOBER 16

WORLD FOOD DAY 2021: OCTOBER 16 Context: Every year on 16 October, World Food Day (WFD) is celebrated across the globe to eradicate worldwide hunger from our lifetime. Theme 2021: “Safe food now ...

2 months ago

JOINT SEA 2021 NAVAL EXCERCISE

JOINT SEA 2021 NAVAL EXCERCISE Context: From October 14, 2021, China and Russia are holding Joint naval drills called the “Joint Sea 2021 naval exercise” in the Sea of Japan. Significance ...

2 months ago

G7 FINANCE LEADERS GAVE GUIDELINES FOR CENTRAL BANK DIGITAL CURRENCIES

G7 FINANCE LEADERS GAVE GUIDELINES FOR CENTRAL BANK DIGITAL CURRENCIES Context: G7 financial leaders have set financial guidelines for central bank digital currencies. About the Guidelines: Any digit ...

2 months ago

MARS’ JEZERO CRATER ANALYSIS BY NASA’S PERSEVERANCE ROVER

MARS’ JEZERO CRATER ANALYSIS BY NASA’S PERSEVERANCE ROVER Context: Preliminary scientific analysis of images taken by NASA's Perseverance rover has now confirmed that Mars' Jezero crater - ...

2 months ago

One Liners of the Day, 16 October 2021

Important day World Students’ Day - 15 October. Theme of ‘2021 World Food Day’ (16 October) – “Our Actions are our Future”. Defence Union Ministry of Home Affair ...

2 months ago

Daily News Digest:15 October 2021

ENHANCED POWERS OF BSF The Ministry of Home Affairs has enhanced the powers of the Border Security Force (BSF). BSF officers could conduct searches and arrests in the states of Punjab, West Benga ...

2 months ago

Provide your feedback on this article: