FM Sitharaman calls for open, predictable global economic relations amid tariff risks
- Finance Minister Nirmala Sitharaman, on Saturday, called for open, predictable, rule-based global economic relations.
- Speaking at the Kautilya Economic Conclave 2026, she urged countries to resolve trade issues via dialogue, not barriers.
- Her remarks came amid a new US law allowing up to 100% tariffs on countries buying significant Russian energy.
- Sitharaman urged the private sector to lead R&D, noting India's R&D spend lags at 0.83% of GDP versus OECD's 2.7%.
Source: moneycontrol.com
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