FM Nirmala Sitharaman meets Brazil’s minister of financial system, discuss issues of mutual interest

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NEW DELHI: Finance minister Nirmala Sitharaman on Thursday met Brazil’s minister of financial system Fernando Haddad and mentioned numerous issues of mutual interest, together with the strengthening of Multilateral Development Banks (MDBs). She additionally met UK Chancellor of Exchequer Jeremy Hunt and mentioned Bilateral Investment Treaty amongst different issues.

“FM Smt. @nsitharaman thanked Mr. @Jeremy_Hunt for UK’s strong and continued support to #G20India Presidency particularly in the Framework Working Group #FWG co-chair,” the finance ministry mentioned in a submit on X.

These conferences happened on the sidelines of the 4th G20 Finance Ministers and Central Bank Governors (FMCBG) and the IMF-WB annual conferences in Marrakech, Morocco.
Brazil will take over the G20 presidency from India on December 1 and can host the following G20 assembly in 2024.
Sitharaman wished Brazil success and warranted full assist.
“The two ministers discussed issues of mutual interest, including strengthening MDBs, mobilising finance for climate change, crypto assets, financing cities of tomorrow, advancing financial inclusion, managing global debt vulnerabilities, and BRICS expansion,” the finance ministry mentioned in an announcement.
With Brazil taking on the G20 chair in 2024 and India becoming a member of South Africa as half of the 2024 G20 Troika, she mentioned, “it is an excellent opportunity to provide positive momentum and elevation to the issues of the Global South, like the G20 Finance Track had done under the India Presidency to advance the interests of the Global South.”


Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

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