Asean Is Reforming the Way It Trades by Increasing Using Local Currencies to Ensure Stability

Asean is reforming the way it trades by increasing using local currencies to ensure stability

KUALA LUMPUR: Asean has taken steps to reform the grouping by not only increasing trade among the member countries but also the use of local currencies in trade as a concrete way toward a more stable financial system free of unilateral domination, Prime Minister Datuk Seri Anwar Ibrahim said today. © New Straits Times Press (M) Bhd

Flexibility In Trade Ensures Economic Stability

In a flawed international system nations of various power potential follow their own national interests. In the complexity of multi-polar world order, opposing images, interests, capabilit