India an important business partner of US says US treasury secretary

The Secretary and Finance Minister expressed a desire to continue the robust bilateral dialogue between Treasury and the Ministry of Finance in the year ahead.

By PTI

Updated: Thursday, March 16, 2017, 15:45 [IST]

Washington, March 16: India is an important economic partner for the US, Treasury Secretary Steven Mnuchin has told Finance Minister Arun Jaitley and expressed keenness to continue the robust bilateral financial dialogue.

President Donald Trump, center, meets Treasury Secretary Steven Mnuchin, right, and Secretary of Veterans Affairs David Shulkin, left, along with other members of his cabinet and the White House staff. Photo credit: PTI

Mnuchin spoke with Jaitley over phone on Tuesday, the US Treasury said in a statement on Wednesday. "Mnuchin underscored India's importance as an economic partner of the United States," it said.

"The Secretary and Finance Minister expressed a desire to continue the robust bilateral dialogue between Treasury and the Ministry of Finance in the year ahead," the statement said.

Jaitley is scheduled to travel to the US next month to attend the annual spring meeting of the International Monetary Fund and the World Bank. The two leaders are expected to meet here.

PTI