Union Finance and Corporate Affairs Minister Nirmala Sitharaman met with AIIB President Jin Liqun on Wednesday in Samarkand, ahead of the 9th Annual Meeting of the Asian Infrastructure Investment Bank’s (AIIB) Board of Governors. During this meeting, the two discussed various issues including bilateral trade, investment, digital public infrastructure (DPI), and the Bilateral Investment Treaty (BIT). Finance Minister Sitharaman also congratulated Jin Liqun for successfully leading AIIB and for the rapid growth in loan operations in just nine years.
Union Finance Minister Nirmala Sitharaman is on an official visit to Uzbekistan from September 24 to September 28.
Referring to the historic and deep ties between India and Qatar, the Finance Minister said that India is continuously working to strengthen its relationship with Qatar. She emphasized that India remains the fastest-growing large economy in the world, making it an excellent destination for investment opportunities in sectors such as energy, infrastructure, logistics, hospitality, food security, and start-ups for Qatari entities.
Ali bin Ahmed Al Kuwari reiterated the special and historic ties between the two countries during the discussion. He praised India’s rapidly growing economy and welcomed the idea of exploring the vast potential for FDI in India. The delegation from the Ministry of Finance, accompanying the Finance Minister on the Uzbekistan visit, agreed to consider cooperation in areas such as cross-border payments, facilitating digital transactions, and finalizing the Bilateral Investment Treaty (BIT) in a fast-track mode.