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Finance Minister Mr. Pranab Mukherjee holds bilateral meeting with US Treasury Secretary Mr. Timothy Geithner

After the India-US Business Joint CEOs meeting, Finance Minister Shri Pranab Mukherjee had a bilateral meeting with US counterpart, Mr. Timothy Geithner. They discussed bilateral issues and outlook for the global economy. Both the leaders also discussed Euro Zone crisis and how the crisis will impact the recovery of global economy. They further discussed issues related to fiscal consolidation. The finance minister suggested that fiscal exit should be staggered and be country specific depending on market condition in a particular country. Both the leaders also discussed the issues relating to G-20 Summit which is going to be held later this month in Toronto, Canada.