Finance Minister Shri Arun Jaitley chaired the Commonwealth Finance Ministers Meeting as well as the Governing Council Meeting of the BRICS Contingent Reserve Arrangement (CRA), both held at IMF Headquarters in Washington D.C. yesterday;

Finance Minister Shri Arun Jaitley chaired the Commonwealth Finance Ministers Meeting as well as the Governing Council Meeting of the BRICS Contingent Reserve Arrangement (CRA), both held at IMF Headquarters in Washington D.C. yesterday;

In presence of FM, Standard Chartered Bank and Bank of Baroda signed an MoU on Commonwealth Small States Trade Finance Facility to make available up to US $100 million of incremental trade finance over a period of three years; India also pledged ?1,022,100 to Commonwealth Fund for technical cooperation.