Diarytimes Media Network, Shimla Published by : Kumud Sharma, Updated July 18, 2023 by Diary Times
US Finance Minister Janet Yellen has also acknowledged India’s leadership potential. On Monday, US Treasury Secretary Janet Yellen said that the US admires India’s leadership ability during its presidency of the G20. India has shown amazing leadership ability on the issue of debt. The world is seeing today that the G20 is tackling global challenges such as climate change, tackling pandemics, strengthening the global economy and helping developing countries.
What did the US Finance Minister say
America’s Finance Minister Janet Yellen said during a press conference before the G20 meeting that America also appreciates India’s leadership ability during the presidency of G20 and we will continue to cooperate further. The world is seeing today that the G20 is tackling global challenges such as climate change, tackling pandemics, strengthening the global economy and helping developing countries. Janet Yellen said that we are hoping that we will be able to take some important steps during the meeting.
India did a better job on the issue of debt
The US Finance Minister said that India’s leadership capacity on the issue of debt has been amazing. Also, India has cooperated a lot with the G20 countries on the restructuring of multilateral debt. India has given many important suggestions in improving multilateral developed banks.
On the relations between India and America, Janet Yellen said that both the countries are cooperating in the economic, technical fields and are also strengthening the supply chain. Both the countries are also working together in the direction of renewable energy. Yellen said that India is one of America’s closest allies.