Los Cabos: Arriving for the crucial G-20 summit, Prime Minister Manmohan Singh on Monday said the world economy is in "deep trouble" and hoped that the grouping of developed and developing countries will come up with constructive proposals to pull the world out of this crisis.

Prime Minister Singh flew in here to attend the seventh G-20 Summit after a nearly 13-hour flight from Frankfurt.

"The world is in deep trouble, I hope the G-20 will come up with constructive proposals to get the world out of this crisis," he said in a brief interaction with newsmen at San Jose airport before proceeding to this coastal Mexican town, about 30 km away.

The Prime Minister will start his engagements on Monday with a meeting he is hosting for the BRICS leaders -- Brazilian President Dilma Rousseff, Russian President Vladimir Putin, Chinese Premier Wen Jiabao and South African President Jacob Zuma.

Apart from attending the summit, he is also scheduled to meet a host of other leaders on Monday, including Mexican President and host Felipe Calderon and German Chancellor Angela Merkel. A pull aside with US President Barack Obama is also expected, officials said. Bilateral talks will also continue on Wednesday.

The Indian side felt there were some positive signals emerging ahead of the G20 Summit with the results of parliamentary elections in Greece indicating that the debt-laden country could remain in the Euro zone.

In fact, ahead of leaving for Mexico, the Prime Minister had expressed concern over the situation.

"This situation in Europe is of particular concern, as Europe accounts for a significant share of the global economy and is also India's major trade and investment partner," the Prime Minister said.

"Continuing problems there will further dampen global markets and adversely impact our own economic growth. It is our hope that European leaders will take resolute action to resolve the financial problems facing them."

The Prime Minister, on an eight-day overseas visit since Saturday, is also set to attend the Rio+20 Summit on environment at Rio de Janerio to which he leaves Tuesday night and reaches the next morning.


The two-day Summit is meeting against the backdrop of a faltering global economy and a lingering Eurozone crisis which is threatening to affect several countries including India.

Noting that G-20 is a premier group dealing with international economic cooperation, Singh, who has attended all the previous six G-20 summits since the inaugural edition in Washington in 2008, said he is very happy to be in this friendly country of Mexico.


US President Barack Obama last week in a telephone conversation with the Prime Minister said he is eagerly looking forward to meeting Singh at the G-20 summit and work for the successful completion of the parleys and evolve a coordinated response for the grouping to find swift solutions to the Eurozone crisis.


'Aap ka swagat hai' (You are welcome), read a giant billboard en route Prime Minister Manmohan Singh's convoy from the San Jose del Cabo International Airport to his resort hotel as he arrived here half way around the world from India for the G20 Summit on Sunday evening.

In fact, Manmohan Singh is among the first leaders his host and Mexican President Felipe Calderon had scheduled for a bilateral engagement on the margins of the summit. The two sides had elevated their ties to what is officially called priviledged partnership when Calderon visited New Delhi in 2007. 

At 79, Manmohan Singh is also the oldest leader in the G20 grouping, which was primarily formed at the level of finance ministers and central bank governors to find ways out of the economic crisis that had gripped the world in 1999. It was raised to summit level in 2008, with the first one hosted in Washington. The Mexico G20 is the seventh in the series.


Los Cabos, which is hosting the G20 Summit, is a resort town in the southern tip of Mexico's Baja California Peninsula, surrounded on three sides by the Pacific Ocean and the Gulf of California. 

A famous landmark here is El Arco, a natural arch of rock formed by erosion that juts out of the waters. It was recently declared a World Heritage site by the United Nations Educational, Scientific and Cultural Organisation (Unesco). 

One of the best pastimes is whale-watching as these giant marine mammals come near the shore during winters to savour the warm waters. 


Trade between India and Mexico has been on the rise. From USD 2.95 billion in 2008, it jumped to USD 4.15 billion in 2011, as per official estimates with the Indian side. Some 25,000 Indian tourists also visited this country last year. 

Even though the Indian diaspora in this country is no more than around 2,000 people, Mexicans have shown a lot of interest in India, thanks to the Gurudev Tagore Indian Cultural Centre in Mexico City. 

This apart, there is an Indian Women's Association in the capital, an India-Mexico Business Chamber,  a gurudwara, an Iskcon temple and even two Indian restaurants .


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