The secretary said that discouraging protectionism and economic nationalism is also one of the key objectives of the US at the summit.

"It's very important to reconfirm our commitment to avoid protectionism and commitment to an open trade policy," he said.

Addressing another question from a reporter, Geithner reiterated US position in support of a strong US dollar.

"The policy of the United States is a strong dollars is in the interests of the United States," he said. "I believe the dollar will be the principle reserve currency for a very long time to come."

"I think our challenge together is trying to make sure each of us is putting in place policies that will help strengthen our production capacity and our economic fundamentals to make sure that as we move to support recovery, we are doing so in a framework that puts our fiscal position back to into balance," he said.

(Xinhua News Agency March 31, 2009)