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ADB to discuss Asian market integration

Special Correspondent

HYDERABAD: The 39th annual general meeting of the Board of Governors of the Asian Development Bank commencing on Wednesday is expected to throw light on several key issues facing the region, particularly the moves towards integration of economies across the continent.

The AGM, which gets kick-started with country presentation by Azerbaijan, will have seminars on core financial services related topics like the challenges and implications of Basel II norms for Asia that are due to be implemented from 2008 as well as those focussing on policy and institutional framework required for improving rural infrastructure.

The main focus of the event, however, is expected to be on the integration of Asian economies, if the emphasis laid on the more effective regional cooperation among Asian nations is any indication.

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