Milan [Italy]: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has arrived in Milan, Italy, to participate in the 58th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB), scheduled from May 4 to 7, 2025.
The Finance Minister is leading the Indian delegation, which includes senior officials from the Department of Economic Affairs, Ministry of Finance.
Union Minister for Finance and Corporate Affairs Smt. @nsitharaman is received by
— Ministry of Finance (@FinMinIndia) May 4, 2025
Ambassador Ms. Vani Rao and Consul General Shri Lavanya Kumar after her arrival at the Milan Malpensa Airport, Italy.
The Union Finance Minister will participate in the 58th #ADBAnnualMeeting… pic.twitter.com/w63TIRpLQb
Confirming her arrival, the Ministry of Finance posted on X:
“Union Minister for Finance and Corporate Affairs Nirmala Sitharaman is received by Ambassador Vani Rao and Consul General Lavanya Kumar after her arrival at the Milan Malpensa Airport, Italy. The Union Finance Minister will participate in the 58th ADB Annual Meeting in Milan.”
Sitharaman will represent India in several key events, including the Governors’ Business Session, Governor’s Plenary Session, and as a panelist in the ADB Governors’ Seminar on “Cross-Border Collaboration for Future Resilience.”
On the sidelines of the event, she will also hold bilateral meetings with Finance Ministers of Italy, Japan, and Bhutan, as well as with heads of major international financial institutions such as the President of ADB, President of IFAD (International Fund for Agricultural Development), and Governor of JBIC (Japan Bank for International Cooperation).
In addition to official engagements, the Union Finance Minister will interact with the Indian diaspora in Milan, participate in dialogues with global think tanks, business leaders, and CEOs, and speak at the NEXT Milan Forum at Bocconi University, where she will join a Plenary Session on “Balancing Economic and Climate Resilience.”
Her visit underscores India’s commitment to international development cooperation, climate resilience, and economic diplomacy, aligning with the themes of collaboration and sustainability discussed at the ADB Annual Meeting.