U.S. Secretary of the Treasury Janet L. Yellen speaks at the Microsoft India Development Center in Noida, on the borders of New Delhi, India, Friday, Nov. 11,2022 U.S. Secretary of the Treasury Janet L. Yellen highlighted the value of developing an Indo-Pacific financial structure that will enhance supply chains with relied on trading partners like India as she prepared to fulfill Indian leaders in New Delhi, authorities stated Friday. (AP Photo/Manish Swarup) The Associated Press By ASHOK SHARMA, Associated Press NEW DELHI (AP)– Supply chains, Russia’s war in Ukraine and the effect of COVID-19 were leading problems for U.S. Treasury Secretary Janet Yellen as she met Indian federal government and magnate Friday in New Delhi. Both Yellen and Indian Finance Minister Nirmala Sitharaman required the conditioning of supply chains with relied on trading partners in the Indo-Pacific area to diversify far from nations that provide geopolitical and security threats. Yellen stated Russia has actually weaponized its gas materials versus individuals of Europe and China presently controls over 80% of international photovoltaic panel production. She stated India and the United States might interact “to advance our shared objectives, consisting of alleviating the existential threat of environment modification, progressing multilateral organizations, and dealing with the financial obligation problem dealt with by numerous establishing nations.” Political Cartoons on World Leaders Political Cartoons She made the remarks at the start of a U.S.-India Economic and Financial Partnership Meeting after her conversations with Sitharaman. Sitharaman stated India thought about the United States a “relied on good friend” and the four-nation Quad and the Indo-Pacific Economic Framework to be essential foundations of bilateral engagement “in establishing sustainable economies, guaranteeing international health security, durable supply chains,
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