ADB chief happy at India's success

From Omer Farooq
Filed on May 5, 2006

HYDERABAD — The Asian Development Bank Chief Haruhiko Kuroda yesterday lauded India‚s economic performance and said that the experience and expertise of India was of high relevance to the other developing countries in Asia and Pacific region.

Addressing 'Advantage India' programme on the second day of the ADB meet he said, "India is very much an unfolding story of development success. Its continuing economic and social progress would give a tremendous boost to the achievement of the millennium development goals in Asia and Pacific and off course throughout the world." Underlining the importance of regional cooperation and economic integration to ensure a more inclusive growth, Kuroda said that it can reduce the income disparities with in the countries and among the countries.

"Regional cooperation and economic integration is also important step towards the full integration with the global economy and wider avenue for financial, economic and political stability," he said. Appreciating India for strengthening its dialogue with other nations and signing framework agreements to enhance regional economic and technical cooperation, Kuroda hoped that India would continue to champion the vision so eloquently expressed by the Indian Prime Minister.

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