India will continue to seek US support to address global challenges: FM Sitharaman

File Photo of Union Finance and Corporate Affairs Minister Nirmala Sitharam
File Photo of Union Finance and Corporate Affairs Minister Nirmala Sitharam

New Delhi, Nov 11: Finance Minister Nirmala Sitharaman on Friday said that India will continue to rely on the US to address global economic challenges.

She made these comments in her opening remarks ahead of the 9th meeting of the India-US Economic Financial Partnership with US treasury secretary Janet Yellen.

"We'll continue to rely on the close cooperation of the US to address the global economic challenges, in a more coordinated manner and in strengthening multilateralism," the Finance Minister said.

Sitharaman further said that India deeply values its relationship with the US as a trusted partner. "Our strong ties have been reinforced, through significant and frequent interactions between the Prime Minister of India President of US and their commitment towards consolidating a strategic partnership."

Yellen, who earlier arrived on a day-long visit to New Delhi, said in her opening remarks, "We hope that mutual understanding we built will help us work together to advance our shared goals, incl mitigating existential risk of climate change, providing multilateral institutions, & addressing debt burdens faced by many developing countries."

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