Sitharaman meets E.U. commissioner of economy, discusses global economic situation

During their meeting on October 14, the two leaders also discussed furthering India-EU collaboration during India’s Presidency of the G-20 in 2023

October 15, 2022 08:36 am | Updated October 16, 2022 10:42 am IST - Washington

Finance Minister Nirmala Sitharaman. File

Finance Minister Nirmala Sitharaman. File | Photo Credit: PTI

Finance Minister Nirmala Sitharaman met European Union's Commissioner of Economy Paolo Gentiloni in Washington and the two leaders discussed the current global economic situation, the Union Ministry of Finance said.

Ms. Sitharaman is here to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank. On the sidelines of these, she has been holding a number of bilateral and multilateral meetings.

During their meeting on October 14, Ms. Sitharaman and Mr. Gentiloni discussed issues related to the global economy and furthering India-EU collaboration during India's Presidency of the G-20 in 2023, the ministry said.

They also discussed the need to further strengthen Multilateral Development Banks to enable them to help countries in need, it said.

So far, Ms. Sitharaman has held nearly a dozen bilateral meetings with her counterparts from major countries and those from the neighbourhood.

Also read: Nirmala Sitharaman says budget to address growth, inflation concerns

She met German Finance Minister Christian Lindner on October 13. The two ministers discussed several possible areas of collaboration and support by Germany to India's G20 Presidency in 2023, according to the ministry.

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