Vice President Hamid Ansari has returned home after a two-day visit to Belgium during which he attended the Asia-Europe Meeting (ASEM) which made a strong call for reform of the International Monetary Fund. At the ASEM summit, Mr Ansari had cautioned the western world against using non-traditional protectionist measures as part of stimulus to revive their economies. Addressing the Summit on Tuesday, he said, the fact that some of these measures are focused on services and manufacturing sectors where developing economiestend to have a comparative advantage adds to the problem. On the sidelines of the ASEM, Mr Ansari also got an opportunity to interact with the leaders of the European Union, Greece, Latvia, Finland, Belgium and Prime Minister Najib Tun Razzak of Malaysia. He also held discussions with European Council President Herman Von Rompuy and Belgian Prime Minister Yves Leterme. Mr Ansari's discussions with the European leaders assume significance as Prime Minister Manmohan Singh is scheduled to visit Brussels in December for the India-EU Summit. Vice President's participation in ASEM summit gave India an opportunity to plug into the developments taking place globally in tackling the crises. Mr Ansari also discussed the issue of a free trade agreement between India and EU during his meeting with European Council President Herman von Rompuy. India and the European Union hope to conclude the free trade agreement well in time for their summit meeting scheduled to be held in Brussels in December, as the two sides believe the India-Europe FTA could help put the commercial ties between the two continents on a faster track.
News On AIR | October 6, 2010 10:46 AM
Vice President Hamid Ansari returns home