FM. NIRMALA SETHAMARAN LEads the Indian delegation at the 58TH ANNUAL MEETING OF THE BOARD OF GOVERNORS OF THE ASIAN DEVELOPMENT BANK (ADB)
In a heartfelt address, Finance Minister Nirmala Sitharaman joined the Indian delegation at the esteemed 58th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) held in Milan, Italy. The event marked significant milestones for ADB’s economic initiatives and provided a platform for the finance sector to showcase its contributions globally.
The meeting was attended by delegates from the Board of Governors, representatives of ADB members, and international financial institutions, reflecting the multifaceted nature of ADB’s operations. Key events included the Governors’ Business Session, where Indian financial experts interacted with global leaders, and the ** Governor’s Plenary Session**, offering insights on navigating economic challenges.
The Finance Minister also participated in the ADB Governors’ Seminar on ‘Cross-Border Collaboration for Future Resilience’. This event emphasized the importance of collaboration across borders to address shared economic concerns, including climate change resilience.
On-site, Sitharaman engaged with Indian finance ministers from Italy, Japan, and Bhutan, enhancing cross-cultural dialogue. The delegation also met with ADB President, IFAAD President, and the Japan Bank Governor, fostering a collaborative environment for global development.
Additionally, there was a plenary session at Bocconi University on ‘Balancing Economic and Climate Resilience’, where Indian experts discussed strategies to ensure sustainable economic growth in the face of climate challenges.
As part of her role, Sitharaman actively participated in discussions, engaging with the Indian diaspora and international think-tanks, fostering a sense of unity and shared vision for global development.
The event concluded with a summary of key points, including the importance of collaboration for economic growth, cross-border initiatives to address climate change, and the need for sustainable development frameworks.
Conclusion: Nirmala Sitharaman’s involvement in leading the Indian delegation at the 58th Annual Meeting of ADB underscored the region’s growing role in global economic resilience. The event highlighted the potential for collaboration across borders to drive positive outcomes, emphasizing the importance of sustained dialogue and cooperation in addressing common challenges.
For more information, visit ADB’s website.