We need to take special steps to provide resources to the developing countries.
Dr Singh said that there was a need to re-look at the balance of power in the international financial systems. He said that this has been necessitated by the fact that bulks of the world's savings originate in Asia today and western institutions act only as intermediaries. This is a new power that the countries of Asia have acquired collectively, he said, and need to be given their due. The prime minister said: "The world system is not a morality play; it is a power game."
Stepping up the ante, Prime Minister Manmohan Singh has declared that India will approach the IAEA on the Indo-US nuclear deal very soon and the process will move very fast. Talking tough, he said he would discuss the nuke deal with US President George W Bush and other leaders and seek their support. He also said he was ready to face Parliament for a trial of strength.
In a statement issued to the media on board a special flight to Japan for the G8 Summit, Dr Singh said, " I am horrified to know of the death of our personnel in the dastardly terrorist attack on our embassy in Kabul. The loss of precious Indian and Afghan lives must be condemned in the strongest terms possible. Those responsible, directly or indirectly, for this terrorist attack and for making this possible are no better than the worst criminals."
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