NEW DELHI, Nov 11:
India and the US will look forward to strengthening bilateral ties with greater vigour, Finance Minister Nirmala Sitharaman said here on Friday.
Addressing the media jointly with US Treasury Secretary Jannet Yellen at the start of the Ninth Indo-US Financial Partnership, Sitharaman said that bilateral talks will impart greater vigour to the long-standing relationship with the US.
India, Sitharaman said, “Deeply values its relationship with the United States as a trusted partner. We share a traditionally strong bilateral relationship underpinned with shared values, convergence of interests on wide ranging issues and vibrant people-to-people contact.” The substantial and multi-faceted cooperation through the economic and Financial Partnership Forum remains a key cornerstone of the bilateral engagements, the finance minister added.
“Our meeting will lend greater vigour to our economic relationship, strengthen business-to-business links, and facilitate coordinated policy stance to address the pressing global economic challenges,” she said.
The 9th meeting of the Forum is being held against the backdrop of India preparing to assume the G20 presidency.
“We will continue to rely on close cooperation with the US to address the global economic challenges in a more coordinated manner and in strengthening multilateralism,” Sitharaman said.
US Treasury Secretary Yellen in her remarks said that the India-US collaboration would not only promote economic growth and stability, but it can also be instrumental to supporting economic prosperity across the Indo-Pacific region. (PTI)