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Pranab Mukherjee to leave on three-day visit to US on Monday

June 25, 2011 - New Delhi

Union Finance Minister Pranab Mukherjee will be leaving on a three-day visit to the United States on Monday.

On the day of his arrival in Washington, on Monday itself, the Finance Minister will deliver the keynote address in the evening along with US Secretary of the Treasury Timothy Geithner at a conference on the theme of "US Indian Economic and Financial Partnership".

This conference is being organized by the Confederation of Indian Industry (CII) in collaboration with the Brookings Institute of US.

The different sessions of this day long conference will also be addressed by R. Gopalan, Secretary, Department of Economic Affairs, Dr. Kaushik Basu, Chief Economic Adviser, Ministry of Finance, Subhir Gokran, Deputy Governor of RBI and U.K. Sinha, Chairman, SEBI, among others.

In the evening, Mukherjee will hold a bilateral meeting with Geithner.

Both the leaders are likely to discuss issues of mutual interest and general world economic situation among others.

Later, Geithener will host a dinner in the honour of the visiting Finance Minister.

Next day, Mukherjee will participate in the cabinet level meeting of the India-US Financial and Economic Partnership with Geithener.

During the meeting, both the sides are likely to discuss macroeconomic issues including macro over-viewing, global rebalancing and G-20: role of US and India, global capital flows and its implications for advanced and emerging economies, currency market volatility, management of capital inflows, infrastructure financing and PPP along with general global economic outlook.

Both the sides are also likely to discuss issues relating to financial sector reforms including financial regulatory reforms both in India and US, commodity pricing, financial markets and financial inclusion among others.

After the aforesaid meeting, both the leaders would address a joint press conference.

In the afternoon, Mukherjee will have a luncheon meeting with the Chief Executive Officers (CEOs) of Indian and American Companies.

Later, the Finance Minister will have a bilateral meeting with US National Security Adviser (NSA).

In the evening, Mukherjee will attend a dinner hosted by India's Ambassador to US, Meera Shankar, in the honour of the visiting Finance Minister at India House in Washington.

Mukherjee will leave for back home on Wednesday and will reach the national capital next day.


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