India to oppose protection in trade in G-20 summit | business | Hindustan Times
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India to oppose protection in trade in G-20 summit

business Updated: Sep 19, 2009 20:28 IST

India will oppose all types of protectionism in trade and financial inflows to developing countries in the G-20 Summit next week when it considers measures to bring global economy out of the current crisis.

Prime Minister Manmohan Singh will lead the country's delegation to the multilateral summit on September 24-25 in Pittsburgh in the US which will also include Depty Chirman of the Planning Commission Montek Singh Ahluwalia, who will also be the Sherpa, and National Security Advisor M K Narayanan.

Briefing reporters on the visit, Foreign Secretary Nirupama Rao said India will also advocate reforms of the international financial institutions like World Bank and Internal Monetary Fund to keep pace with the ground realities of the changing world.

Along with these issues, reforms of the global governance institutions such as UN Security Council will figure in the summit that will be attended by the US President Brack Obama and other world leaders and in the current session of the United Nations General Assembly.

External Affairs Minister S M Krishna will be heading the Indian delegation to the UNGA which the Prime Minister is not not attending this year.