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Barack Obama calls on Manmohan Singh, agree to strengthen global economy

Barack Obama calls on Manmohan Singh, agree to strengthen global economy

Prime Minister Manmohan Singh and US President Barack Obama have agreed to work together to strengthen the global economy and deal with shocks from the Eurozone.

Manmohan Singh with Barack Obama during the US president's India visit in 2010. Manmohan Singh with Barack Obama during the US president's India visit in 2010.
Prime Minister Manmohan Singh and US President Barack Obama have agreed to work together to strengthen the global economy and deal with shocks from the Eurozone and boost global growth.

The two "leaders agreed on the importance of steps to strengthen the resilience of the global economy in response to persistent risks in the Eurozone and elsewhere and on focusing on measures to boost global growth," it said in a readout of Obama's telephone call to Singh on Thursday.

They also agreed to work closely together towards a successful summit of the G20 major economies in Los Cabos, Mexico on June 18-19 likely focused on the European debt crisis.

Obama also spoke separately on Wednesday with European Council President Van Rompuy and Mexican President Felipe Calderon to discuss the economic situation in Europe as well as preparations for Los Cabos summit.

"This continues the President's close consultations with fellow leaders about the global economy," the White House said.

Published on: Jun 15, 2012, 1:23 PM IST
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