Indian premier wants India and China to help with finance crisis

India, China FlagParis  - As the two largest developing nations, India and China should take part in helping resolve the current finance crisis, Indian Prime Minister Manmohan Singh said in remarks published Tuesday in the French daily Le Figaro.

"The prime responsibility (for resolving the crisis) is that of the developed nations. But India and China should take part in the solution," Singh said.

The Indian prime minister, who was to meet with French President Nicolas Sarkozy later on Tuesday, said that India may take part in the international summit on the finance crisis proposed by Sarkozy.

"We live in an interdependent world and the fate of every nation is tied to the international finance sector," Singh said.

"If the finance crisis provokes a recession in the main industrial economies, that will compromise our exports. President Sarkozy's proposal is therefore important." (dpa)

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