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US Secretary of the Treasury Janet Yellen has said her nation is working with India during its G20 Presidency on global economic issues.

She said that the close collaboration between India and the US showcases how advanced and emerging economies can bridge political differences and make progress on shared policy objectives, reports ANI.

While addressing the US-India Business Council India Ideas Summit on Tuesday, Janet Yellen was quoted as saying by the Indian news agency, We are working closely with India during its G20 presidency on global economic issues. I believe that our close collaboration is showing the world how advanced and emerging economies can bridge policy differences and make progress on our shared policy objectives. When India and the United States work together, we can add significant momentum to important efforts.

India assumed the presidency of the G20 on Dec 1, 2022.

Speaking on Indias assistance towards Sri Lanka, she said: We have taken steps forward on urgent cases like Sri Lanka where Indias proactive actions have been critical to supporting the authorities reform efforts. We are continuing to push for urgent action in other cases as well.

The top US official said the US is actively working to help India attract private capital to close its infrastructure gap.

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