India needs to ramp up bilateral relations for trade, investment: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman emphasized that India must enhance bilateral relations for trade and investment. With multilateral institutions weakening, bilateralism is now key. India is negotiating trade agreements with countries like the UK, US, and EU. The technology and talent pool can make India a global growth engine. Reforms and state-level competition are also critical.