Manmohan Singh leaves for G20 summit

Posted By: Staff
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New Delhi, Mar 31: Stating that he is keen on meeting the US President, Barack Obama for the first time, Prime Minister, Manmohan Singh on Tuesday, Mar 31 said that the meeting is an opportunity to review bi lateral ties and hold discussions on key regional and global issues including terrorism and the situation in Afghanistan.

This will be the first visit of the PM to abroad after his coronary bypass surgery. The PM who will be attending the second meeting of the leaders of G-20, said that the meeting will have to majorly focus on global economic and financial slowdown by taking coordinated and purposeful action.

"A considerable amount of preparation has been done for the Summit. These preparations relate to provision of coordinated fiscal stimulus by major economies to offset the decline in private demand, agreement on a set of principles to plug loopholes and weaknesses in the supervisory and regulatory arrangements for the financial institutions," Manmohan Singh said in his departure statement.

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