US Treasury official to visit India to discuss Indo-Pacific, economic relationship

US Deputy Secretary of the Treasury, Wally Adeyemo has planned to travel to India for meetings and events in Mumbai on August 24 and August 25, and New Delhi on August 26. Throughout his trip, Deputy Secretary Adeyemo will reaffirm and strengthen the US-India relationship and shared commitment of both countries to a secure and prosperous Indo-Pacific, including by underscoring deep economic, security, and cultural ties.

While in India, the Deputy Secretary will focus on the strong US-India bilateral economic relationship, highlight the extensive investment and trade flows between our two countries, and discuss ways to deepen them, including through building more resilient supply chains with trusted partners like India, as well as through initiatives like the Indo-Pacific Economic Framework that India joined as a founding member in May.

In meetings with counterparts, Deputy Secretary Adeyemo will also discuss key shared priorities such as bolstering energy security, addressing food insecurity globally, and combating illicit financial flows.

In Mumbai on August 24 and 25, the Deputy Secretary will meet with senior government counterparts as well as executives from leading Indian businesses including from the financial services and energy sectors.

Deputy Secretary Adeyemo will also tour IIT Mumbai’s Society for Innovation and Entrepreneurship start-up incubator, where he will meet with students and entrepreneurs and deliver brief remarks on strengthening economic ties between the US and India. This event is open to pre-credentialed press.

In New Delhi on August 26, Deputy Secretary Adeyemo will meet senior government counterparts. Following meetings in New Delhi, Deputy Secretary Adeyemo will return to the United States.