US Treasury Chief Janet Yellen Discussed Global Economic Outlook With Indian FM Nirmala Sitharaman

On Monday, Indian Finance Minister Nirmala Sitharaman debated the worldwide economic viewpoints and traded notes on the complexities of mutual interest with US Treasury Secretary Janet Yellen.

According to the finance ministry in a series of tweets, both Sitharaman and Yellen have given their mutual consent on operating closely through common economic and planned collaboration in different multilateral fora, including the G20.

In a tweet, the ministry said, “Indian FM @nsitharaman and @USTreasury Secretary traded notes on financial issues of mutual interest and anticipated meeting of #India-US Economic and Financial Partnership later this year.”

During the conversation, Yellen valued India’s commitment to global vaccine endeavors. As a part of its vaccine diplomacy, New Delhi has been supporting the world's vaccine efforts by providing Indian-made Covishield vaccines to other countries through its ''Vaccine Maitri'' initiative.

Sitharaman complimented the US Treasury Secretary on the thoroughly explained COVID-19 relief through the $1.9 trillion American Rescue Plan with a separate focus on working and middle class, it said. Last week, the Senate-passed version of the USD 1.9 trillion Covid-19 relief bill was approved by the US House of Representatives, forwarding it to President Joe Biden's desk for signature requirements.

The ministry further added, “Indian FM @nsitharaman had a constructive conversation on the worldwide economic viewpoint with @USTreasury Secretary. ”

The entire global conversation between the two took place over the phone and US Treasury Secretary Janet Yellen encouraged India’s influential role as an essential partner in fighting against the COVID-19 pandemic. This was the first call of Yellen with Sitharaman after she was elected as the first female Treasury Secretary of the United States in January this year.

During the call, Yellen expressed her intention to team up keenly to aid a solid worldwide recovery from the COVID-19 pandemic, fight inequality, and advance an intense climate plan,” the Department of Treasury said in a readout of the call on Monday. It further added, “The secretary anticipated to collaborate with Minister Sitharaman, both bilaterally and multilaterally, to resolve the shared priorities. ” 

Other news

Most Recent Blogs View All Blogs

08 Feb

Blockchain's Impact on Trade Finance: Shaping Global Commerce

Trade financing facilitates global commerce but involves antiquated systems reliant on manual paperw...

06 Feb

India's Trade Dynamics Amidst the Red Sea Crisis

As of now, there has been no significant impact on India's exports and imports owing to the crisis i...

31 Jan

Choosing the Right Trade Finance Instrument for Your Business

Understanding Trade FinanceTrade finance facilitates transactions and lowers risks for buyers and se...


Emerio Banque is an innovative global financial institution incorporated in England and Wales with Legal Entity Identifier 875500DGPPWAFABBK130. Emerio Banque does not offer its products and services to businesses and/or persons registered in the United Kingdom.

No information on this website should be construed as a solicitation, offer, recommendation, and representation of suitability or endorsement of any security, investment or strategy.

Important Notice

Emerio Banque would like to advise its customers to report any suspicions which they may have regarding the identity of any intermediary who promotes products or services offered by us or any intermediary bearing similar names. You should verify with Emerio Banque by calling our Customer Service Number on +44 203 059 7831 or emailing

Please also be aware of bogus SMS messages and voice message calls or fraudsters who impersonate the staff of Emerio Banque.

We have recently become aware of a number of entities with different names misrepresenting themselves as associates, partners or agents of Emerio Banque.

Please be informed that Emerio Banque is not associated with nor do we have any business connections or dealings with such institutions.

Emerio Banque takes all information regarding suspicious fraudulent activity very seriously. Please immediately inform us at if you suspect or are approached by persons misrepresenting or impersonating Emerio Banque and/or its officials. We will make investigations and will take legal action where necessary.