MOC to hold “Towards a More Stable Global Economic System” seminar

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BANGKOK, 9 July 2012  – The Commerce Ministry, along with Asian Development Bank (ADB) and International Monetary Fund (IMF), will be holding a seminar under the topic of “Towards a More Stable Global Economic System.”

According to Director of Fiscal Policy Research Institute Foundation Kanit Sangsubhan, the Ministry of Commerce will play host to a seminar of the Asian Development Bank (ADB) and the International Monetary Fund (IMF) or “Thailand ADB-IMF conference; under the topic of “Towards a More Stable Global Economic System” in order to find a way to cope with the global economic downturn situation.

The seminar will be held on July 12 and will be joined by both leaders, ADB President Haruhiko Kuroda and the IMF Chief Christine Lagarde. It will be the first time that these 2 leaders have a chance to exchange opinions and ideas regarding roles of Asian countries in the world economy. In addition, experts from central banks all over the world will partake in the seminar as well as those from the Commerce Ministry and other important international organizations.

Three issues will be on the agenda,: 1) stability and growth of the economy in general, 2) capital inflow and outflow management, and 3) prevention and cooperation during the global economic crisis