Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman to embark on an official visit to United Kingdom and Austria today Union Finance Minister will participate in 13th Ministerial round of India-UK Economic & Financial Dialogue (13th EFD), besides bilateral meetings, engagement with think tanks, investors, business leaders in both United Kingdom and Austria

Published on 07-Apr-2025 08:11 PM

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Unveiling a Strategic Partnership: Smt. Nirmala Sitharaman’s Visit to UK and Austria

Introduction: In recent months, Union Finance Minister Smt. Nirmala Sitharaman has embarked on an official visit to the United Kingdom and Austria. This strategic move is part of India’s broader efforts to strengthen economic partnerships with these countries, marked by collaboration in key sectors such as investment, insurance, and climate finance.

Visit Details:

UK Leg: The Indian Finance Minister will participate in the 13th Indian-UK Economic & Financial Dialogue (EFD) scheduled for April 9th, London. The dialogue is co-branded by her with UK Prime Minister, Smt. Jonathan Reynolds. During this pivotal meeting, she will delve into India’s economic challenges and opportunities, addressing critical areas such as investment, insurance, pension funds, and tax policies. She aims to foster a collaborative environment that promotes sustainable growth.

Austria Leg: In Austria, the visit will coincide with co-hosted meetings with Austria’s Finance Minister, Mr. Markus Marterbauer, and Austrian Economic Minister, H.E. Mr. Christian Stocker. Together, they will discuss opportunities for India-Austria collaboration, focusing on enhancing mutual access to key financial institutions and companies. This collaborative roundtable is expected to spark innovative joint ventures and partnerships.

Key Achievements:

Participation in the 13th EFD: Smt. Sitharaman’s participation in this significant dialogue highlights her commitment to advancing India’s economic cooperation with the UK and Austria.
Delivering Key Speech at Investor Roundtable: At the UK investor roundtable, she will present insights on investment opportunities, emphasizing the importance of fostering a conducive business ecosystem.

Conclusion: Smt. Nirmala Sitharaman’s visit is a testament to her strategic vision for fostering collaboration across borders. By engaging with both UK and Austrian leaders, India is charting a course towards mutual economic prosperity, supported by robust partnerships. This move underscores the potential for global economic growth through India-Austria cooperation.

source: Union Minister for Finance and Corporate Affairs Smt. Nirmal...

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