The Prime Minister, Dr. Manmohan Singh arrived in Pittsburgh, the United States last night with the high level delegation to participate in the G-20 Summit. Deputy Chairman of Planning Commission Montek Singh Ahluwalia, National Security adviser M.K. Narayanan and Finance Secretary, Ashok Chawla are part of the Indian delegation attending the Summit.AIR correspondent reports that Indian Ambassador to US Meera Shankar and other senior officials received the Prime Minister at Pittsburgh International Airport.Dr Manmohan Singh is expected to have bilateral meetings with Japanese Prime Minister Yukio Hatoyama. This will be the first meeting of Dr Singh with the newly elected Prime Minister of Japan. The Prime Minister is also expected to meet his British counterpart Gordon Brown on the sidelines of the G-20 Summit.The G-20 Summit begins today in Pittsburgh. India is expected to pitch for a greater role in the management of the Global economy. India feels that the expansion and strengthening of the erstwhile Financial Stability Forum and now the Financial Stability Board and the Basel Committee on Banking Supervision is a step in the right direction to address the regulatory aspects. It wants process of governance reform of international financial institutions be given greater voice and representation by under-represented countries. A confident India is to seek reform of the international financial bodies and oppose all forms of protectionism whether in goods, services, investment and financial flows.Policymakers at the G-20 summit are seeking to curb excessive risk taking that sent financial markets into a spin and pushed the world economy into recession while several European leaders are pushing for crackdowns on bankers' lavish pay packages.
News On AIR | September 25, 2009 8:29 AM
PM reaches Pittsburgh for G-20 summit