Tags: US | Geithner | India

Geithner Seeks Stronger U.S., India Economic Ties

Monday, 05 Apr 2010 05:14 PM


Treasury Secretary Timothy Geithner will seek to strengthen economic ties between the United States and India during meetings this week in hopes of boosting U.S. business prospects in the fast-growing Indian economy.

Geithner's first scheduled event is a visit Tuesday morning to a store that offers mobile banking services to its customers. The visit is an effort to highlight steps India is taking to expand financial access to its citizens. The Obama administration sees those efforts as key to achieving more balanced global growth and avoiding the problems that helped push the world economy into recession.

Geithner will also meet with Indian Prime Minister Manmohan Singh at his residence and participate in the first meeting of the US-India Economic and Financial Partnership, designed to promote greater trade and investment.

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