L'Aquila (Italy), July 8 - Prime Minister Manmohan Singh will hold a bilateral meeting with his British counterpart Gordon Brown in this earthquake-hit Italian mountain town Wednesday afternoon on the sidelines of the G8-G5 summit starting here.

The two leaders are likely to discuss issues of mutual cooperation between both sides, including terrorism and the financial meltdown, officials said here.

The prime minister will be attending the outreach meeting of the G5 - the group of five most emerging economies in the world comprising India, China, Brazil, Mexico and South Africa - being held parallel to the G8 meeting of the world's most wealthy and industrialised countries.

The summit is being held in this central Italian town -- hit by a major earthquake April this year leaving nearly 300 dead, over 1,500 injured and about 60,000 homeless --amid concerns of more tremors in the region.