ID :
81141
Tue, 09/22/2009 - 22:23
Auther :
Shortlink :
https://www.oananews.org//node/81141
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PM to leave Wednesday for US to attend G-20 Summit
New Delhi, Sep 22 (PTI) Prime Minister Manmohan Singh
leaves here Wednesday on a four-day visit when he will attend
the G-20 summit in the US which will discuss the need to
strengthen rules governing financial markets and steps to
quicken the global economic recovery from its worst crisis.
Accompanied by Planning Commission Deputy Chairman Montek
Singh Ahluwalia and National Security Adviser M K Narayanan
among others, the Prime Minister will be in Pittsburgh at the
summit hosted by President Barack Obama on September 24-25.
Heads of governments of G-8 countries along with those of
emerging economies like India, Brazil and South Africa
representing 90 per cent of the global GDP, 80 per cent of
world trade and two-thirds of humanity will discuss how to
expedite the revival process amid signs of green shoots of
recovery.
The summit, third of its kind since the financial crisis
began last September, will review implementation of the
measures decided at the previous summits -- Washington (2008)
and London (April, 2009) -- where it was decided to pump in
USD 1.1 trillion for revival of the emerging market economies.
Though the Summit is not a negotiating forum, the issue
of climate change is expected to figure in a big way among the
leaders as nations prepare themselves for the Copenhagen
Summit sponsored by the UN in December this year. (MORE) PTI
leaves here Wednesday on a four-day visit when he will attend
the G-20 summit in the US which will discuss the need to
strengthen rules governing financial markets and steps to
quicken the global economic recovery from its worst crisis.
Accompanied by Planning Commission Deputy Chairman Montek
Singh Ahluwalia and National Security Adviser M K Narayanan
among others, the Prime Minister will be in Pittsburgh at the
summit hosted by President Barack Obama on September 24-25.
Heads of governments of G-8 countries along with those of
emerging economies like India, Brazil and South Africa
representing 90 per cent of the global GDP, 80 per cent of
world trade and two-thirds of humanity will discuss how to
expedite the revival process amid signs of green shoots of
recovery.
The summit, third of its kind since the financial crisis
began last September, will review implementation of the
measures decided at the previous summits -- Washington (2008)
and London (April, 2009) -- where it was decided to pump in
USD 1.1 trillion for revival of the emerging market economies.
Though the Summit is not a negotiating forum, the issue
of climate change is expected to figure in a big way among the
leaders as nations prepare themselves for the Copenhagen
Summit sponsored by the UN in December this year. (MORE) PTI