US, India collaborate on energy transition investment

India, July 17 (BNA): US Treasury Secretary Janet Yellen said Monday that the United States is working with India to develop ways to lower the cost of capital and increase private investment to accelerate India’s energy transition.

After meeting with Indian Finance Minister Nirmala Sitharaman on the sidelines of the G20 meeting, Yellen said the two countries are cooperating across a range of economic issues, including trade and technology cooperation and strengthening supply chains.

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