Last Updated: Monday, June 18, 2012, 08:55
IANS
Los Cabos (Mexico): Prime Minister Manmohan Singh arrived in Los Cabos
on Monday for the G20 Summit with the hope that the two-day event will
find meaningful ways out of the current global economic turmoil and
restore growth.
The world is in deep trouble," the prime minister
told journalists,soon after landing at the San Jose del Cabo
International Airport via Frankfurt. "Hope the G20 fill come up with
constructive proposals to get the world out of the crisis," he added.
The
prime minister will start his engagements Monday with a meeting he is
hosting for the BRICS leaders -- Brazilian President Dilma Rousseff,
Russian President Vladimir Putin, Chinese Premier Wen Jiabao and South
African President Jacob Zuma.
Apart from attending the summit, he
is also scheduled to meet a host of other leaders on Monday, including
Mexican President and host Felipe Calderon and German chancellor Angela
Merkel. A pull aside with US President Barack Obama is also expected,
officials said.
Bilateral talks will also continue on Wednesday.
The
Indian side felt there was some positive signals emerging ahead of the
G20 Summit with the results of parliamentary elections in Greece
indicating that the debt-laden country could remain in the Eurozone.
In fact, ahead of leaving for Mexico, the prime minister had expressed concern over the situation.
"This
situation in Europe is of particular concern, as Europe accounts for a
significant share of the global economy and is also India's major trade
and investment partner," the prime minister said.
"Continuing
problems there will further dampen global markets and adversely impact
our own economic growth. It is our hope that European leaders will take
resolute action to resolve the financial problems facing them."
The
prime minister, on an eight-day overseas visit since Saturday, is also
set to attend the Rio+20 Summit on environment at Rio de Janerio to
which he leaves Tuesday night and reaches the next morning.
