World News | India Calls for Collective Responsibility for Preventing Risks from Aggravating: Finance Minister Sitharaman

Washington, Oct 14 (PTI): Union Finance Minister Nirmala Sitharaman on Thursday called for collective responsibility to prevent the risks from aggravating.

Sitharaman said that India's efforts will be to encourage conversations that recognise “our inter-dependencies, our shared wisdom, and our collective aspiration” for a safe, peaceful and prosperous world.

Also Read | Abdul Latif Rashid Elected As New Iraq President by Parliament.

Today's global economy faces a confluence of challenges and “it is our collective responsibility” to prevent the risks from aggravating, the finance minister said in her speech during the closing session of the G-20 finance ministers and central bank governors here being held on the sidelines of the annual meetings of the International Monetary Fund and the World Bank.

India will head the annual rotating presidency of G-20 next year.

Also Read | Sex Party Planned in Ukraine Amid Fears of Nuclear Attack by Vladimir Putin; Over 15,000 Ukrainians Sing Up For ‘Orgy on Shchekavystsa: Official’.

In her remarks, the finance minister said that India views the hosting of the G20 Presidency as an opportunity as well as a responsibility.

“Rebuilding trust in multilateralism is at the core of India's thinking,” she told her G-20 colleagues.

Sitharaman said that G20 finance ministers have always come together in the harshest global situations, set aside their differences, and worked towards a common goal of prosperity for our people.

As such, she urged the finance ministers and central bank governors to continue working together with this sense of solidarity.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)