Officials from the US Treasury engage in discussions on economic and financial matters with their Indian counterparts.

US Treasury officials engaged in a virtual meeting with their Indian counterparts to discuss bilateral economic and financial matters. The agenda included macroeconomic outlooks for both countries, global debt challenges, and financing for renewable energy projects. The productive discussions on Tuesday are seen as vital preparation for the upcoming ministerial-level US-India Economic and Financial Partnership (EFP) meeting. This virtual meeting marked the third sub-ministerial follow-up to the 9th ministerial meeting of the EFP. Leading the US delegation was Assistant Secretary for International Finance Brent Neiman, while the Indian delegation was headed by Chief Economic Advisor Dr. V Anantha Nageswaran. Representatives from the Reserve Bank of India and the Securities and Exchange Board of India (SEBI) also participated. According to the Treasury statement, the talks covered various economic and financial topics, including macroeconomic outlooks for both the United States and India, global debt challenges, financing for renewable energy projects, financial services, and insights into India’s experience with its fast payments platform.

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