World | Updated Sep 27, 2008 at 02:56pm IST

India and UK discuss economic meldown

CNN-IBN

New York: During the Indo-UK bilateral meet prior to UN General Assembly, British prime minister Gordon Brown conceded that more countries should be embedded in the discussions to solve the economic meltdown and create a new financial architecture.

He suggested that negotiations must involve G-20 countries represented by nations like India, Brazil and China apart from the G-8 members.

In return, Indian Prime Minister Manmohan Singh offered cooperation to UK in this hour of financial fragility.

Prime minister Brown also emphasised on the restoration of financial

confidence for a lucrative growth of the global economy.

The two countries’ talks centred on trade and economic issues.

They both agreed the need of a single monitoring mechanism to assess the global financial system.

Deputy Chairman of Planning Commission Montek Singh

Ahluwalia was part of the Indian delegation to the United Kingdom.

(For updates you can share with your friends, follow IBNLive on Facebook, Twitter, Google+ and Pinterest)

Comments (1)

All comments will be published after moderation
ibn apps