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‘Terror can come in way of growth’

India was set for 9-10 per cent growth but terrorism emanating from its neighbourhood could come in the way of country’s economic expansion, India has told the US.

world Updated: Apr 12, 2010 23:58 IST
HT Correspondent

India was set for 9-10 per cent growth but terrorism emanating from its neighbourhood could come in the way of country’s economic expansion, India has told the US.

In his 50-minute meeting with US President Barack Obama on Sunday, Prime Minister Manmohan Singh also talked about the global economy and said the developed countries shouldn’t resort to protectionism, sources said. The developed countries shouldn’t not stop capital inflow into developing countries as it would hamper global recovery.

Calling for a “change in the international economic architecture”, Singh pitched for a greater role for multilateral forums, including G-20 and Bric.