Hoover Forum Features Sitharaman Presenting India’s Forward-Looking Economic Vision
Addressing the Hoover Institution, India’s Finance Minister Nirmala Sitharaman underlined the urgency of strengthening economic relations between India and China. She unveiled a forward-looking strategy focused on boosting trade, increasing cross-border investments, and creating a resilient, future-oriented partnership.
Advancing Strategic Economic Cooperation
Sitharaman emphasized the major influence both nations wield in the global economy. She urged enhanced regulatory alignment, innovation-led collaborations, and stronger institutional support to develop a more inclusive and flexible trading framework.
She highlighted key sectors—renewable energy, digital finance, information technology, and advanced manufacturing—as core drivers of sustainable growth and shared prosperity.
Strengthening Public-Private Engagement
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Building Trust Through Regulatory Alignment
The Minister stressed that harmonizing policies is essential to bolster confidence and streamline trade and investment between the two nations.
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Creating New Investment Pathways
She invited Chinese investors to tap into India’s growing market, citing reforms aimed at improving transparency and protecting investor interests.
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Infrastructure and Technology as Growth Pillars
Sitharaman reaffirmed India’s focus on upgrading infrastructure and accelerating technological innovation as foundations for stronger bilateral ties.
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Empowering SMEs for Inclusive Progress
She underscored the vital role of small and medium-sized enterprises in driving inclusive development, advocating wider access to financing and international markets.
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Forging a Sustainable, Long-Term Alliance
The Minister concluded by calling for a durable partnership rooted in shared values, innovation, and sustainability to address global challenges together.
Reaffirming Commitment to Shared Growth
Sitharaman’s address reinforced India’s resolve to strengthen economic cooperation with China. Through coordinated strategies, innovation-driven initiatives, and continuous dialogue, both countries can help shape a more interconnected and resilient global economy.
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