‘Positive mood’ about India in US: Jaitley
There is a “positive mood” about India in the US and American investors have a clear understanding of the reforms that the government is undertaking, finance minister Arun Jaitley said on Thursday.
Jaitley, who is on a week-long visit to the US, is leading a highpowered Indian delegation to attend the annual meeting of the International Monetary Fund (IMF) and the World bank.
He has already visited New York and Boston where he addressed investors and held meetings with top corporate leaders, besides interacting with students of the Columbia and Harvard universities.
“American investors have a very clear understanding of the kind of reforms that India is undertaking for the expansion of the economy. They have also a clear idea of the future potential,” Jaitley said at an event organised by the Federation of Indian Chambers of Commerce and Industries (FICCI) at the IMF headquarters here.
“I have found in the last four days that I have been addressing investors, meeting investors and dealing with their queries. I see a certain positive mood about India,” he said when asked about the feedback he received from Trump Administration officials and US investors.
After his arrival in Washington, Jaitley held meetings with treasury secretary Steven Mnuchin and commerce secretary Wilbur Ross during which they discussed bilateral trade, the economic relationship and other issues of mutual concerns.
He is scheduled to participate in the Annual Meetings Plenary, G-20 Finance Ministers and Central Bank Governors’ (CBGs) meeting and Development Committee Luncheon meeting among others on Friday.
Later, he will participate in the Finance Ministers’ meeting with multilateral development banks and hold separate bilateral meetings with his counterparts from Italy and Iran.
Jaitley’s meeting with the Iranian finance minister would come hours after US President Donald Trump announces his new Iran policy.
Jaitley is scheduled to participate in the IMFC Restricted Breakfast Session and its plenary session on October 14.
In the afternoon, he will host a lunch for The Constituency Members consisting of Bangladesh, Bhutan, Nepal and Sri Lanka. He will participate in the 96th Meeting of the Development Committee Plenary before leaving for India on Sunday.
WASHINGTON: