News Brief

Investor Meetings, Global Finance Talks And Critical Mineral Diplomacy On Agenda As FM Sitharaman Visits US, Peru

Kuldeep Negi

Apr 20, 2025, 03:15 PM | Updated 03:15 PM IST


FM Nirmala Sitharaman (Representative Image)
FM Nirmala Sitharaman (Representative Image)

Finance Minister Nirmala Sitharaman is set to embark on a 10-day visit to the United States and Peru beginning today (20 April), aimed at advancing India’s global economic footprint—through financial diplomacy in the US and strategic resource and trade engagement in Peru.

Strengthening India's Global Economic Position In The US

The US leg of the visit, covering San Francisco and Washington DC (20–25 April), will see Sitharaman pursuing a dual-track agenda: positioning India as a leading voice in global financial governance and deepening investor interest in India's economic story.

In San Francisco, the Finance Minister will deliver a keynote address at Stanford University’s Hoover Institution on Laying the Foundations of Viksit Bharat 2047”, followed by a fireside chat session.

In addition to academic outreach, Sitharaman will engage with top fund managers at an investor roundtable and hold bilateral meetings with CEOs of leading IT firms based in San Francisco.

A separate interaction is planned with the Indian diaspora in the region.

In Washington DC, Sitharaman will represent India at the Spring Meetings of the IMF and World Bank, the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting, the IMF Committee Plenary, the Development Committee Plenary, and the Global Sovereign Debt Roundtable.

On the sidelines, she will meet finance ministers from the US, UK, France, Germany, Saudi Arabia, Argentina, and others, as well as leaders of global institutions like the IMF, ADB, AIIB, and the European Commission.

Deepening Strategic Economic Ties In Peru

From 26 to 30 April, Sitharaman will lead an official Indian delegation to Peru—her first visit to the country.

The visit is part of a broader strategy to tap into Latin America’s resource-rich economies, particularly in the mining sector.

In Lima, she is expected to call on the President of Peru, Dina Boluarte, and Prime Minister of Peru, Gustavo Adrianzén, and hold talks with key cabinet ministers handling finance, defence, energy, and mining.

Discussions are expected to explore new collaborations in critical minerals and precious metals, with a view to securing India’s resource needs and integrating into global value chains.

She will chair the India-Peru Business Forum, bringing together business leaders from both sides, and also interact with Indian companies operating in Peru.

The Union Finance Minister will also participate in a community event at Lima, where she will interact with the Indian diaspora living in Peru.

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Kuldeep is Senior Editor (Newsroom) at Swarajya. He tweets at @kaydnegi.


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