• Advanced economies must avoid creating excess liquidity
  • Risks emerging from large, volatile cross-border flows
  • Concerned at slow pace of reforms at IMF
  • Global growth damped by instability in euro zone
  • IMF, World Bank chiefs should be selected on merit
  • Situation over Iran shouldn’t be allowed to escalate
  • Recognize Iran’s right to peaceful use of nuclear energy
  • Support resolution of Iran issue through diplomacy

Summit declaration released to reporters in New Delhi.

Bloomberg reporting.