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Timothy Geithner says Apr 5-6 India visit aimed at strengthening ties

The US treasury secretary said that terrorism financing is one of the issues that would be part of his talks with Indian officials.

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Ahead of his visit to India next week, US treasury secretary Timothy Geithner has said his aim is to deepen America's relationship with the "economically and strategically important" country, where he would discuss global reforms and issue of terrorism financing.

"... I think there's certainly a deep commitment on the president (Barack Obama's) part to strengthen this relationship, a deep appreciation for the challenges India's facing and the common interest we are facing on these kinds of things," Geithner told a group of Indian journalists here.

"I have watched him, listened to the president on this kind of stuff and I know he shares that kind of view very strongly," he said, adding the sole purpose of his April 5-6 trip is to deepen and strengthen the bilateral relationship.

Geithner said that terrorism financing is one of the issues that would be part of his talks with Indian officials.
    
"I can't give you any detail on it (terrorism financing) but I know we will be talking about it as we have always talked about it. We have a lot of very productive, constructive things we have been able to do together on that front, we will keep doing it," he said.

Geithner, who will formally launch the new US-India Economic and Financial Partnership, along with finance minister Pranab Mukherjee, said the main purpose of his maiden trip to New Delhi and Mumbai as Treasury Secretary is to work to "establish a long-term" relationship with India.

"I have huge admiration for the policy of India in the economic, financial (sector) and for the prime minister and have great admiration for what they have accomplished in dealing with this difficult time," he said.

Geithner said he wants to build a much stronger cooperative partnership with India on broader global financial issues, which are important for both the countries.

"One reason I am going to India is to get a better sense of what is happening there -- both in the economy and the broaden reform process in the financial sector and elsewhere. As always I am going to make sure that the leaders in Indian get to understand directly from me how we are managing our challenges here and how thing feel here," he said.

"I think that in anytime we have these kinds of conversations with a major partner, we spend a lot of time talking about the basic economic challenges in both countries.

In India's case, it is more important and a little different cause, "not just because India is so important to us economically and strategically but it is going to be important because we're at a point in the broaden G-20 progress" and it is crucial that both sides work closely together in trying to set the agenda of reforms, he said.

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