India and the United States Tuesday launched a financial and economic partnership, focussing on micro-economic finance and infrastructure, in an effort to elevate their bilateral relations.
Finance Minister Pranab Mukherjee and visiting US Treasury Secretary Timothy Geithner signed the partnership agreement here.
'India and the United States are bound by common values of democracy, market economy and pluralism. I am confident that this partnership will unleash the energy and enterprise of people of the two countries and help adress global challenges,' Mukherjee said.
Geithner on his part said: 'This partnership creates a framework that is commensurate with the growing influence of our economic relationship.'
He said the partnership would facilitate more trade, investment and job creation in the two countries.
Source: http://sify.com/finance/india-us-launch-financial-economic-partnership-news-default-kegoucgdejg.html
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