|Home > Southeast Asia >
Thai Prime Minister proposes Asian bond market
10/7/2002 7:03:00 PM
Thailand -- Thai Prime Minister Thaksin Shinawatra proposed building a regional bond market at the World Economic Forum's annual East Asia summit on Sunday.
Thaksin suggested that an Asian bond market could be developed by establishing a fund that would mobilize one percent of Asia's foreign exchange reserves, which top $1 trillion.
The Prime Minister sees this as a way of avoiding being at the mercy of exploitative outsiders.
|© Copyright 2002-2007 AFAR|