World Bank president Ajay Banga meets S Jaishankar, Nirmala Sitharaman; discusses ‘Global South’ issue

Indian External Affairs Minister S Jaishankar on Wednesday met World Bank president Ajay Banga when they exchanged views about the concerns of the 'Global South'.

Jaishankar said he discussed India’s endeavors to strengthen regional connectivity, promote regional prosperity and propel larger development. 

Ajay Banga meeting External Affairs Minister S Jaishankar. Photo courtesy: Twitter

Jaishankar said his meeting with Banga was 'delightful'.

Baga was visiting India to attend the third G20 Finance Ministers and Central Bank Governors Meeting in Gandhinagar.

During his visit, he also met Indian Finance Minister Nirmala Sitharaman in New Delhi.

The two leaders discussed India’s sectoral priorities that include municipal financing, logistics, recycling of water, renewable energy grids, for seeking assistance from the World Bank Group in leveraging private investments.

"The World Bank President informed FM Smt.@nsitharaman about @WorldBank ’s recent initiative of Private Sector Investment Lab and added that @WorldBank looks forward to a partnership with India to implement ideas that come from this initiative in India. Mr. Banga further said that the ideas implemented successfully can become a working model for other countries," the Indian Ministry of Finance tweeted.
" FM Smt. @nsitharaman appreciated the excellent support of @WorldBank for #G20India Presidency and looked forward to further deepening of this partnership to secure tangible outcomes at the Leaders’ Summit in September," read the tweet.