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Union Finance Minister Smt. Nirmala Sitharaman to Attend ADB’s 58th Annual Meeting in Milan, Italy (May 4–7, 2025)

India’s Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, is set to lead the Indian delegation at the 58th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB), to be held in Milan, Italy, from May 4 to 7, 2025.

The ADB Annual Meeting brings together finance ministers, central bank governors, business leaders, and policy-makers from around the globe. This year’s gathering will focus on strengthening global cooperation and resilience in the face of economic and climate challenges.

Smt. Sitharaman will participate in several key events, including:

  • The Governors’ Business Session

  • The Governor’s Plenary Session

  • A panel discussion at the ADB Governors’ Seminar on the theme: “Cross-Border Collaboration for Future Resilience”

Bilateral Engagements and Strategic Meetings

On the sidelines of the meeting, the Finance Minister is scheduled to hold bilateral talks with her counterparts from Italy, Japan, and Bhutan. She will also engage with the heads of prominent international organisations, such as:

  • The President of ADB

  • The President of the International Fund for Agricultural Development (IFAD)

  • The Governor of the Japan Bank for International Cooperation (JBIC)

These interactions aim to deepen India’s multilateral cooperation and strategic partnerships in areas of finance, infrastructure, and climate resilience.

Dialogue Beyond Diplomacy

Reflecting her commitment to inclusivity and outreach, Smt. Sitharaman will interact with the Indian diaspora in Milan, celebrating the role of overseas Indians in strengthening India’s global ties.

She will also speak at a Plenary Session of the NEXT Milan Forum at Bocconi University, addressing a vital topic of our times: “Balancing Economic and Climate Resilience.” Her participation underscores India’s role as a global thought leader in sustainable development.

Representing India on the Global Stage

Smt. Sitharaman’s participation in the ADB Annual Meeting not only highlights India’s growing influence in shaping the global economic agenda but also reaffirms the country’s commitment to collaborative growth, climate action, and financial stability.

Stay tuned for updates from Milan as India continues to engage with the world on the issues that matter most.

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