US Treasury Secretary Yellen To Visit India Next Week For G20 Meetings, Russia-Ukraine War On Agenda

During her visit to India, Yellen will participate in the G20 Finance Ministers and Central Bank Governors Ministerial and she will address the challenges for building a resilient and global economy.

File Photo of US Treasury Secretary Janet Yellen. ( Image Source :Getty )

New Delhi: US Treasury Secretary Janet Yellen would travel to India next week to participate in the G20 Finance Ministers and Central Bank Governors Ministerial. During the visit, her priority will be the war in Ukraine and addressing the challenges for building a stronger, more resilient, and global economy, as reported by the news agency PTI.

"In these engagements, Yellen will join with allies in holding Russia accountable for its illegal invasion of Ukraine, and partner with countries to mitigate the spillover effects of the war. Yellen will also engage with partners to address challenges and build a stronger, more resilient, global economy," the Department of Treasury said in a statement on Friday, as quoted by the news agency PTI.

According to the Treasury, Yellen will be holding a press conference on February 23 in the afternoon. She will discuss the resilience of the US and the global economy in the face of headwinds including Russia's illegal invasion of Ukraine and highlight key priorities for the Treasury during the G20.

According to PTI, on the next day of her visit, she will participate in Sessions I and II of the G20 Finance Ministers meeting on "International Financial Architecture, Sustainable Finance, and Infrastructure," as well as on "Financial Sector and Financial Inclusion."

Yellen will also convene a roundtable on February 25, with US and Indian executives in the tech sector to discuss deepening bilateral economic ties as well as advancing shared goals like bolstering digital public infrastructure. On the same day, she will also be participating in the third G20 session on "Global Economics, Health, and International Tax".

During the visit, Yellen will also be participating in other events and bilateral meetings, including with Union Finance Minister Nirmala Sitharaman and United Kingdom Chancellor of the Exchequer Jeremy Hunt, PTI reported.