UPDATE: US Treasury Secretary To Visit India In Early 2010
24 Novembro 2009 - 7:42PM
Dow Jones News
U.S. Treasury Secretary Timothy Geithner will visit India in
early 2010 to launch a new U.S.-India Economic and Financial
Partnership, the White House announced Tuesday.
"India is an emerging global power and a country with which the
U.S. has an increasingly important economic and financial
relationship," Geithner said.
The announcement was made in conjunction with a White House
visit by Indian Prime Minister Manmohan Singh and his wife,
Gursharan Kaur, on Tuesday.
The effort, to be launched by Geithner and Indian Finance
Minister Pranab Mukherjee, is aimed at strengthening cooperation
between the countries on macroeconomic, financial-sector,
development, infrastructure and other issues. Cabinet level
meetings are expected to be held once a year, with the location
alternating between the U.S. and India.
Geithner is scheduled to meet Tuesday with a group of Indian
businesses leaders that includes Ratan Tata, chairman of the Tata
Group; O.P. Bhatt, chairman of the State Bank of India (500112.BY);
S. Gopalakrishnan, chief executive and managing director of Infosys
Technologies (INFY, 500209.BY); Preetha Reddy, managing director of
Apollo Hospitals (508869.BY); Sunil Bharti Mittal, chairman and CEO
of Bharti Airtel (532454.BY); Analjit Singh, chairman of Max India
Ltd. (500271.BY); Kiran Mazumdar-Shaw, chairman and managing
director of Biocon (532523.BY) and Chanda Kochhar, managing
director and CEO of ICICI Bank (IBN, 532174.BY).
-By Meena Thiruvengadam, Dow Jones Newswires; 202-862-6629;
meena.thiruvengadam@dowjones.com
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