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United Nations: UN Report Predicts Trade, Economic Growth for Asia in 2010.

Thai Press Reports

| October 30, 2009 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

Section: General News - A U.N. report forecasts a return to growth in Asian economies and trade in 2010. But U.N. economists recommend Asian governments increase trade within the region and become less dependent on markets such as the United States and Europe.

The report by the U.N. Economic and Social Commission for Asia and the Pacific says Asia's growth strategy needs to refocus on increasing trade within the region.

The report recommends reducing Asia's high dependence on global export markets. Exports to developed economies such as Europe and the United States have driven growth in the past five decades, but U.N. economists say it is time to increase regional …

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