Finance Minister Sitharaman Showcases India’s Economic Power in Upcoming Trips to the US and Peru

Union Finance Minister Nirmala Sitharaman is heading to the US and Peru on April 20 to showcase India’s growing economy. She’s expected to engage in important discussions about a bilateral trade agreement with the US.

During her time in the US, she will visit San Francisco and Washington, DC. In San Francisco, she’ll give a keynote speech at Stanford University, focusing on the vision of a developed India by 2047. After her talk, she’ll have a discussion with experts in the field.

FM Sitharaman plans to meet with top CEOs from big investment firms and technology companies. She’ll also connect with the Indian community in the area, emphasizing the strong ties between India and its diaspora.

In Washington, DC, she’s set to attend key meetings with the International Monetary Fund and the World Bank. These meetings include discussions with finance ministers from multiple countries, aimed at fostering global economic stability and cooperation.

Sitharaman’s first visit to Peru from April 26-30 will further strengthen India’s economic relations with the country. She plans to meet with Peruvian leaders, including President Dina Boluarte, and discuss trade and investment opportunities.

In Lima, she will chair the India-Peru Business Forum, bringing together business leaders from both nations to explore partnerships. She will also engage with the Indian investors and businesses that are already operating there and participate in events with the Indian diaspora.

This trip reflects India’s commitment to expanding its global economic footprint. According to recent surveys, nearly 70% of Indian companies are looking to increase their foreign operations, underscoring the importance of such diplomatic initiatives.

The India-US relationship has been on an upward trajectory, with trade expected to exceed $100 billion soon. The focus on technology and green energy could shape future collaborations, making these meetings highly strategic for both nations.

As the world watches, FM Sitharaman’s visit may set the stage for significant trade developments, benefiting not just India but also contributing to global economic stability.

Check out this related article: FM Sitharaman Highlights India’s Economic Growth and Opportunities in Upcoming Visits to the US and Peru

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