India-Austria bat for stronger economic ties

Vienna cited the "strain" caused by the new US tariffs and urged strengthening economic cooperation with partner countries, as finance minister Nirmala Sitharaman met her Austrian counterpart during her Europe trip.

- Press Trust of India

LONDON:

The Austrian federal ministry of finance issued an update on Sitharaman's meetings with finance minister Markus Marterbauer and state secretary Barbara Eibinger-Miedl in the capital on Thursday afternoon.

"The US tariff and trade policies are putting a strain on the European and Austrian economies. This makes it all the more important to strengthen economic cooperation with all partner countries and promote innovation-driven collaborations," said minister Marterbauer.