New Delhi, 23 September (H.S.):
Union Finance Minister Smt. Sitharaman will attend the Ninth Annual Meeting
of Board of Governors of Asian Infrastructure Investment Bank (AIIB) scheduled
in Samarkand on September 25&26,
besides other important bilateral meetings with her counterparts from
Uzbekistan, Qatar, China, and AIIB President.
In the Annual Meeting of AIIB,
the Union Finance Minister will attend as the Indian Governor to the AIIB.
India is the second largest shareholder of the bank. The multilateral
discussions centred around a broad spectrum of important global issues relevant
to the development agenda.
As part of the official visit, the Union Finance Minister is expected to
call-on Shavkat Mirziyoyev, President of Uzbekistan.
During the visit, the Union Finance Minister will sign a Bilateral
Investment Treaty (BIT) between India and Uzbekistan. The BIT will be signed by
the Union Finance Minister and Uzbekistan Minister for Investment, Industry and
Trade. The treaty aims to promote more extensive economic cooperation for the
mutual benefit of both countries on a long-term basis.
The Union Finance Minister will also participate in the India-Uzbekistan
Business forum discussions, jointly organised as well as represented by
industry captains from both the countries.
Besides the above engagement, Smt. Sitharaman will also visit the Samarkand
State University and Lal Bahadur Shastri Monument in Tashkent. The Union
Finance Minister will also interact with Indian diaspora representing leading
voices from multiple sectors.
The AIIB Annual Meeting witnesses’ participation of delegations from around
80 countries, and other international organisations. As a multilateral
development bank, AIIB is focused on developing sustainable infrastructure in
Asia and in promoting investments in infrastructure and other productive
sectors with a view to foster sustainable economic development, create wealth
and improve infrastructure connectivity.
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Hindusthan Samachar / Nimish kumar
