Sitharaman Puts India’s Green Vision in the Global Spotlight at Hoover Forum
Speaking at the Hoover Institution, India’s Finance Minister Nirmala Sitharaman highlighted the increasing importance of deepening economic cooperation between India and China. She presented a comprehensive roadmap focused on expanding trade, promoting cross-border investments, and building a resilient partnership founded on trust, innovation, and shared prosperity.
Advancing Strategic Economic Cooperation
Sitharaman emphasized the vital role both nations play in shaping global economic progress. She called for stronger regulatory coordination, greater innovation-led collaboration, and the creation of robust institutional mechanisms to ensure a transparent, inclusive, and future-oriented trading ecosystem.
She also identified renewable energy, digital finance, information technology, and advanced manufacturing as high-impact sectors with the potential to drive sustainable growth and strengthen long-term bilateral cooperation.
Promoting Public-Private Collaboration
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Enhancing Investor Trust Through Consistent Policies
The Minister stressed that transparent, stable, and predictable regulatory frameworks are essential for boosting investor confidence and facilitating smoother trade and investment flows between the two economies.
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Unlocking New Investment Opportunities
She invited Chinese investors to explore India’s rapidly expanding market, citing ongoing reforms designed to improve transparency, enhance competitiveness, and strengthen investor protections.
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Infrastructure and Technology as Growth Engines
Sitharaman reaffirmed India’s commitment to infrastructure modernization and technological advancement as key enablers of deeper and more sustainable economic engagement.
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Supporting SMEs for Inclusive Development
She emphasized the critical role of small and medium-sized enterprises in promoting inclusive growth, advocating for better access to finance and greater integration into global value chains.
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Forging a Long-Term and Sustainable Alliance
The Minister concluded by underscoring the importance of building a durable partnership rooted in shared values, innovation, and sustainability to effectively address global economic challenges.
Renewing a Shared Vision for Prosperity
Sitharaman’s address reaffirmed India’s strong resolve to strengthen its economic relationship with China. Through aligned policies, innovation-driven initiatives, and continued dialogue, both nations can contribute significantly to shaping a more stable, balanced, and interconnected global economy.
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