Secretary Geithner Postpones Visit to India

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Washington – The upcoming election process for the Indian President’s post has jeopardized the proposed visit of the US Treasury Secretary Tim Geithner to India on June 27-28, according to his department.

Citing Indian Finance Minister Pranab Mukherjee’s candidacy for President of India and his expected resignation as Finance Minister, Geithner’s trip to India for the next meeting of the US-India Economic and Financial Partnership, was postponed by the Treasury Department.

The Secretary had a tight schedule with a high profile agenda. On Wednesday, June 27, the Secretary was scheduled to be in Delhi to participate in the third annual meeting of the US-India Economic and Financial Partnership with Indian Finance Minister Pranab Mukherjee.

On Thursday, June 28, Secretary Geithner was slated to visit Mumbai, the country’s financial center, to meet with Reserve Bank of India (RBI) Governor Duvvuri Subbarao and Indian business leaders from a variety of industries.

The US-India Economic and Financial Partnership serves as a platform for greater cooperation on economic issues of importance to both nations.

The Treasury Department announced a rescheduling of the Partnership meeting in the months ahead. (IATNS)

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