In order to fast-track its energy transition, the United States (US) is working with India on an investment platform to deliver a lower cost of capital and increased private investment, US Treasury Secretary, Janet Yellen said on Monday.
US Treasury Secretary Janet Yellen on Monday said that Washington appreciates India's leadership during its G20 Presidency and appreciated New Delhi's demonstrated leadership on debt issues.
Addressing a press conference after meeting with US Treasury Secretary, Janet Yellen the Finance Minister Nirmala Sitharaman said, "I look forward to furthering our bilateral interests through development cooperation and new investment opportunities through alternate investment platforms
"As part of our evolution agenda, we estimate that the MDBs as a system could unlock USD 200 billion over the next decade just from the measures already being implemented or under deliberation," said Yellen at a press conference in Gandhinagar, Gujarat.
“Friendshoring is an important foundation of our approach to increasing resilience of our supply chains, and we see India as an indispensable partner in that and I hope to use this trip to deepen what is already a significant relationship with respect to friendshoring that the US an
The looming restrictions were discussed during US Treasury Secretary Janet L Yellen's meetings with senior Chinese officials during her recent visit to China.
US Treasury Secretary Janet L Yellen concluded her Beijing visit with no announcement of developments or agreements for improving the ongoing rifts between the two countries, The New York Times reported.
US Treasury Secretary Janet Yellen faces the tough job of stabilizing fractious US-China relations that worsened this week after China retaliated in a tech war with the United States, CNN reported.
During the first day of meetings in China, the US Treasury Secretary Janet L. Yellen criticized the punitive measures taken by the Chinese government against American firms, The New York Times reported.
US Treasury Secretary Janet Yellen on Thursday expressed "concern" over China's newly unveiled export controls on two strategic raw materials critical to the global chipmaking industry.