Sitharaman to attend AIIB annual meet in Uzbekistan
The Hindu
Finance Minister Nirmala Sitharaman to attend AIIB Annual Meeting in Samarkand, hold bilateral meetings, and sign BIT with Uzbekistan.
Finance Minister Nirmala Sitharaman will attend the 9th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) scheduled in Samarkand, and hold bilateral meetings with her counterparts from Uzbekistan, Qatar, China, and AIIB President.
She will embark on an official visit to Uzbekistan from September 24 to 28, the Finance Ministry said in a release.
The Annual Meeting of Board of Governors of AIIB is scheduled on September 25 and 26. The annual meeting witnesses participation of delegations from around 80 countries, and other international organisations.
“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,” the finance ministry said.
As part of the official visit, she is expected to call on Shavkat Mirziyoyev, President of Uzbekistan.
During the visit, the finance minisrtry said Sitharaman will sign a Bilateral Investment Treaty (BIT) between India and Uzbekistan.
The BIT will be signed by India’s Finance Minister and Uzbekistan Minister for Investment, Industry and Trade.