FM Nirmala Sitharaman to visit USA and Peru beginning April 20

ANI April 19, 2025 189 views

Finance Minister Nirmala Sitharaman embarks on a crucial 10-day tour covering the US and Peru starting April 20. She'll deliver a keynote at Stanford University on India's development roadmap before participating in IMF-World Bank meetings. The itinerary includes high-profile bilateral talks with counterparts from G20 nations and EU leaders. The Peru leg focuses on strengthening trade ties, particularly in critical minerals, while engaging with the Indian diaspora in both countries.

"Laying the foundations of Viksit Bharat 2047" - Nirmala Sitharaman at Hoover Institution
Mumbai, April 19: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will be on an official visit to USA and Peru beginning 20th April, 2025, according to an official statement by the Ministry.

Key Points

1

Keynote at Stanford on Viksit Bharat 2047 vision

2

IMF World Bank Spring Meetings in Washington DC

3

Bilateral talks with 10+ nations

4

Peru visit focuses on critical minerals trade

During the visit to the USA, the Union Finance Minister will visit San Francisco and Washington D.C. from 20th to 25th April, 2025.

In the course of her two-day visit to San Francisco beginning 20th April 2025, the Union Finance Minister will deliver a keynote address at the Hoover Institution at the Stanford University, San Francisco, on 'Laying the foundations of Viksit Bharat 2047' followed by a fireside chat session.

Sitharaman will also interact with top CEOs from prominent fund management firms during a Roundtable meeting with investors, besides holding bilateral meetings with CEOs from top information technology (IT) firms based in San Francisco. Sitharaman will also participate in an event featuring Indian diaspora in San Francisco and interact with the Indian community settled there.

During her visit to Washington D.C., USA, from 22nd to 25th April 2025, Sitharaman will participate in the Spring Meetings of the International Monetary Fund (IMF) and the World Bank, the 2nd G20 Finance Ministers and Central Bank Governor (FMCBG) Meetings, Development Committee Plenary, IMFC Plenary, and Global Sovereign Debt Roundtable (GSDR) meeting.

On the sidelines of the Spring Meetings in Washington D.C., Sitharaman will hold bilateral meetings with her counterparts from several countries, including Argentina, Bahrain, Germany, France, Luxembourg, Saudi Arabia, United Kingdom, and USA; besides meeting EU Commissioner for Financial Services; President, Asian Development Bank (ADB); President, Asian Infrastructure Investment Bank (AIIB); United Nations Secretary-General's Special Advocate for Financial Health (UNSGSA); and First Deputy Managing Director of the International Monetary Fund (IMF).

During her maiden visit to Peru from 26th to 30th April 2025, the Union Finance Minister will lead an Indian delegation of officials from the Ministry of Finance and business leaders, highlighting the strengthening bilateral economic and trade relations between the two nations.

Beginning her visit in Lima, Union Finance Minister Sitharaman is expected to call on the President of Peru, H.E. Ms. Dina Boluarte, and Prime Minister of Peru, H.E. Mr. Gustavo Adrianzen, besides holding bilateral meetings with the Peruvian Ministers of Finance and Economy; Defence; Energy and Mines; and also holding interaction with local public representatives.

In the course of her visit to Peru, the Union Finance Minister will chair the India-Peru Business Forum meeting with prominent business representatives in attendance from both India and Peru. Sitharaman will also hold an interaction with the Indian investors & businesses currently operating in Peru, as well as the Indian Business delegation visiting Peru.

Given Peru's importance in the global supply chain of critical minerals and precious metals, discussions during these engagements are also expected to explore avenues for greater collaboration in the mining sector, particularly to strengthen India's resource security and facilitate value-chain linkages between the two economies.

The Union Finance Minister will also participate in a community event at Lima, where she will interact with the Indian diaspora living in Peru.

Reader Comments

P
Priya K.
Such a packed schedule! Hope these meetings bring fruitful collaborations for India's development. The focus on critical minerals with Peru is especially important for our manufacturing sector. 🇮🇳
R
Rahul S.
While I appreciate the minister's busy itinerary, I wonder if these international trips could be more focused. The Peru visit seems promising, but some of the US meetings appear repetitive from previous visits.
A
Anjali M.
Excited about the Stanford University address! "Viksit Bharat 2047" is such an inspiring vision. Hope she shares some concrete plans on how we'll get there. The fireside chat format sounds perfect for deep discussions.
V
Vikram P.
The mining sector collaboration with Peru could be game-changing! We need those critical minerals for our renewable energy push. Smart move by the FM to prioritize this. 👏
S
Sanjay D.
Great to see our Finance Minister engaging with the Indian diaspora in both countries. These communities are such valuable bridges for economic and cultural exchange. Hope she gets some good feedback from them!
M
Meena R.
The IMF and World Bank meetings are crucial right now with global economic uncertainties. Hope she presents India's growth story strongly while advocating for developing nations' interests.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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Tags:
Nirmala Sitharaman IMF Spring Meetings Viksit Bharat India Peru relations Stanford University
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