Union Finance and Corporate Affairs Minister Nirmala Sitharaman is leading a high-level Indian delegation to Uzbekistan from September 24 to 28, 2024. 

During her visit, the Finance Minister will attend the 9th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) in Samarkand and sign a crucial Bilateral Investment Treaty (BIT) with Uzbekistan, signaling enhanced bilateral economic engagement.

The 9th Annual Meeting of the Board of Governors of AIIB is scheduled for September 25-26, 2024. India, being the second-largest shareholder in AIIB, plays a pivotal role in the institution’s development agenda.

The discussions at the meeting will cover a broad spectrum of issues, including infrastructure investment, sustainable development, and global economic challenges.

AIIB, as a multilateral development bank, focuses on fostering infrastructure development and investment in Asia, with an emphasis on promoting connectivity and wealth creation. The annual meeting will see delegations from over 80 countries coming together to address these global issues.