G20 leaders to discuss issues like dev and rebalancing
Friday, 12 November 2010, 06:04 IST
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Seoul: Currency war and a US proposal for a cap on current account deficit have threatened to shadow deliberations at the G-20 Summit here tomorrow that has on its agenda issues like development and rebalancing global economic growth especially in trade and capital inflows. Negotiators are working hard on the eve of the summit to bring out a joint communique that will have on board concerns of countries like India, whose delegation is headed by Prime Minister Manmohan Singh, for a consensus on long term issues like development and a "Mutual Assessment Process (MAP)" in which the need is felt for coordination on policy for example in fiscal stimulus being undertaken in some countries.
Source: PTI
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