Manmohan arrives for G-20 summit

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Seoul: Prime Minister Manmohan Singh arrived here on November 10 for the G-20 summit cautioning against protectionism while declaring it was in India’s interest to have an ‘’open, stable and rule-based’’ international economic environment including in trade and investment flows.

“Given the vast development  challenges we  face it is in  India’s interest to have an open, stable and rule-based international economic environment, whether in the field of trade, investment flows, technology transfers or open markets,” Singh said on the eve of the fifth Summit of 20 advanced and emerging economies (G-20) in the South Korean Capital.

Singh’s comments came as the G-20 countries worked to rebalance the lopsided global economy and resolve fractious currency disputes marked by a war of words. The summit’s theme of the Seoul summit is “Shared Growth beyond the Crisis.”

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