"Union Finance Minister Smt. @nsitharaman had a Telecon with US Treasury Secretary Ms. Janet Yellen @SecYellen, today. The two leaders held cordial discussions on #InternationalTaxation," read a post on the official X handle of the Finance Ministry.
During the meeting, Yellen told Chinese officials that their industrial overcapacity, especially in green energy sectors, threatens American production of electric vehicles and solar panel parts.
Yellen, the first Cabinet-level official to visit China since President Joe Biden met Chinese leader Xi Jinping last November, shook hands with the heads of the American and European chambers of commerce in China after arriving for the meeting in the southern industrial hub of Guangzhou.<
"There is no restriction or asked India to reduce Russian oil buying," Morris said while responding to a question asked at an session aimed at discussing phase two of the price cap on Russian oil.
"We know that the Indian economy is much at stake in the Russia World Trade and as much at stake for the global supply disruptions that the price cap is designed to afford the price caps calls or to limit these revenues and maintain global oil supply essentially by creating a mechanism fo
Amid concerns over the attacks by armed Houthi rebels on merchant vessels in Red Sea, the Office of Foreign Assets Control (OFAC) of the US Treasury Department on Friday sanctioned two shiiping companies based in Hong Kong and the United Arab Emirates for providing financial support to th
"KSS terrorist activity has threatened the lives of both US and Global Coalition to Defeat ISIS personnel in Iraq and Syria," US Secretary of State Antony Blinken said in a statement.
Taking coordinated action along with the United Kingdom against the Hamas entities following their October 7 onslaught, the United States Department of Treasury has imposed a third round of sanctions targeting Hamas-affiliated individuals.
Tuesday's actions were the latest penal measures taken in response to the October 7 Hamas attack against Israel, and both the designation and sanctions are intended to imped individuals' and organisations' access to resources and funding.
US Secretary of the Treasury Janet L Yellen is set to host Chinese Vice Premier He Lifeng ahead of the APEC Finance Ministers Meeting in San Francisco, the US Department of Treasury said on Monday.
The meeting centred on G20 priorities and explored avenues for enhancing bilateral cooperation between the two democratic nations to tackle pressing global economic and financial challenges.
Yellen said, “G20 has been effective, especially under India’s leadership. Our goals for the G20 have coincided with those of India. We have tackled very important challenges and we have had considerable success in changing way the entire multilateral development system.&rdquo