Finance Minister Pranab Mukherjee on Tuesday left for the Vietnamese capital Hanoi on a two-day visit to attend the Asian Development Bank’s (ADB) 44th annual meeting.
During his stay at Hanoi, Mr. Mukherjee will also hold bilateral meetings with Vietnamese Prime Minister Nguyen Tan Dung and Japan Finance Minister Yoshihiko Noda.
The annual meeting of the ADB to be attended by about 4,000 experts, is being held at a time when the sky rocketing commodity and fuel prices is threatening to push more and more people below poverty.
These issues, besides the reforms of the international monetary system, are likely to be deliberated at length during the conference.
Among others, the conference is being attended by Finance Ministers of several countries including France, Japan and China.
During the bilateral meeting with Vietnamese Prime minister, Mr. Mukherjee is likely to take up the issues concerning investment by Indian companies.
Besides other engagements, Mr. Mukherjee will also be attending a meeting of the Finance Ministers of SAARC nations which is being held on the sidelines of the ADB’s annual conference.
The SAARC conference is expected to review the decisions taken at the Thimpu meet of Finance Ministers and deliberate on the need to promote investments in the region.
France, which currently chairs G-20, will hold special sessions tomorrow to impress upon non-members the need to adopt its agenda for promoting sustainable global growth.
The G-20 meetings will be chaired by French Finance Minister Christine Lagarde.
India is an active member of the G-20, which is a grouping of the developed and developing counties.
Mr. Mukherjee will also be addressing a seminar of Board of Governors’ of ADB on “Asia 2050: Pursuit of Growth, Sustainability and Well-being”. The discussion would be based on a study commissioned by ADB.
The Finance Minister will also attend the opening session of the Board of Governors of ADB which will be followed by Governors’ Round Table meeting on ‘Managing Inflation and Capital Flows’.