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PM leaves Frankfurt for Mexico to attend G-20 Summit

Prime Minister Manmohan Singh today left Frankfurt for Los Cabos to attend the G-20 Summit in Mexico, which is taking place in the shadow of the economic crisis in the Eurozone.

Updated on: Jun 17, 2012 02:14 PM IST
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Prime Minister Manmohan Singh on Sunday left Frankfurt for Los Cabos to attend the G-20 Summit in Mexico, which is taking place in the shadow of the economic crisis in the Eurozone.

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HT Image


Singh arrived in Frankfurt last evening en route to the resort town in Mexico.

Ahead of the visit, Singh had voiced concern that continuing problems in the eurozone will further dampen global markets and adversely impact India's own economic growth.

Singh also said that the need to revive global growth should be an issue of immediate concern which must be addressed by world leaders.

Singh will attend the seventh summit of the Group of 20 developed and developing countries(G-20) in Los Cabos and the Rio+20 Summit in Rio De Janeiro in Brazil.

Observing that G-20 Leaders will meet once again in the shadow of the economic crisis in the Eurozone and a "faltering" global economy, Singh said the situation in Europe is of particular concern as it accounts for a significant share of the global economy and is also India's major trade and investment partner.

On the Earth Summit in Rio, the Prime Minister said the cardinal principles of Rio 1992 must not be diluted, particularly the principle of common but differentiated responsibilities as well as equity.

 
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Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
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