Today, Nirmala Sitharaman, Union Finance Minister reached South Korea for a 4-day official visit. From May 2 to May 5, she will be attending Asian Development Bank’s 56th annual meeting.

Finance Minister was received by Amit Kumar, the Ambassador of India to the Republic of Korea.

Ministry of Finance tweeted, “Union Finance Minister Smt. @nsitharaman reached the Republic of Korea for her 4-day official visit. She was received by Shri @KumarAmitMEA, Ambassador of India to the Republic of Korea, upon her arrival at the Incheon Airport today early morning (KST). @IndiainROK”, through its official Twitter handle.

 

The official release by the Ministry of Finance said that she will also be a panelist in the ADB Governors’ seminar on ‘Policies to Support Asia’s Rebound’.

On Tuesday, the ADB announced a funding guarantee facility to help the region reduce greenhouse gas emissions and build infrastructure resilient to the impact of climate change.

The ADB stated that Asia is among the regions most vulnerable to the impact of climate change. More than 40% of climate-related disasters occurred in Asia and the Pacific since the start of the century.

The non-governmental and civil society organizations, journalists, financial institutions, banks, and other private sector enterprises, along with official ADB member delegations and observers will also attend the meeting.

Sitharaman will address investors and hold bilateral meetings, apart from attending the Annual General Meeting of the Board of Governors of the ADB during her visit to South Korea.

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