New Zealand, British PMs to meet on financial crisis
25/11/2008 16:49
New Zealand's New Prime Minister John Key will meet his British
counterpart Gordon Brown in London overnight today. Key left the Asia-Pacific
Economic Cooperation Economic Leaders meeting in Peru yesterday for a 24-hour
trip to Britain. Key and Brown are expected to discuss the international
financial crisis and the prospect of global economic recession. The meeting
comes a day after Brown and Chancellor of the Exchequer Alistair Darling are
expected to unveil a stimulus package that will cut sales tax from 17.5 percent
to 15 percent. Other moves include slapping a tiered tax on those flying out
of Britain. Other issues likely to be discussed are New Zealand's commitment
to the war in Afghanistan and trade. Key left New Zealand for the APEC
meeting after being sworn in last Wednesday and arrives back on Thursday
afternoon to prepare for the opening of Parliament on Dec. 8.
Xinhua
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