US Treasury Secretary Janet Yellen met with Indian finance minister Nirmala Sitharaman on Friday ahead of the G20 leaders summit to discuss crucial economic and financial issues facing the world. Yellen emphasized the importance of advancing ties with India, stating that it would be a priority during the summit. She also highlighted the effectiveness of the G20 under India’s leadership, considering it a premier organization that tackles critical challenges in the global economy. Yellen recognized that the escalation of energy and food prices due to Russia’s war on Ukraine poses a negative influence on global growth. She reiterated the need for Russia to end its brutal war on Ukraine as a crucial step towards promoting global growth. Yellen expressed confidence in the progress made by the G20 and India in addressing important challenges and transforming the multilateral development system. The G20 has played a significant role in reshaping the global economic landscape and promoting collaboration among nations. The summit aims to achieve consensus on key issues and formulate policies for sustainable and inclusive growth. Yellen’s meeting with Sitharaman signifies the commitment of the United States to strengthen its ties with India and collaborate on global economic issues. Both countries share common goals and have worked together to address pressing challenges. The US treasury secretary acknowledged the risks to global growth and recognized the importance of collective efforts in overcoming these challenges. The G20 provides a platform for countries to come together, exchange ideas, and develop strategies to foster economic stability and prosperity. Yellen expressed confidence in the G20’s ability to address global challenges effectively and praised India’s leadership in driving progress. The G20 has made significant strides in changing the way the multilateral development system operates, ensuring greater inclusivity and participation. However, Yellen acknowledged the obstacles presented by Russia’s war on Ukraine and its impact on energy and food prices. She reiterated the US’s stance that ending the war is crucial for global growth. The G20 serves as a key forum for promoting international cooperation and finding solutions to economic and financial challenges. It plays a crucial role in fostering dialogue and collaboration among nations, representing the interests of both developed and developing countries. Yellen’s meeting with Sitharaman is a testament to the commitment of the United States to strengthen its relationship with India and work together on important global issues. The G20 summit presents an opportunity for leaders to shape the global economic agenda and address key issues affecting nations worldwide.