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Proposal for regional team to study global financial architecture.
JAKARTA, Mon: With the South-East Asian nations still carrying scars from the financial and currency crises that hit the region in 1997, Malaysia is proposing for the formation of a regional expert team to study the international financial architecture.
Malaysia has chosen the Group of Fifteen (G-15) meeting, a grouping of 19 developing countries, to address the issue that had been high on the country's concerns.
"We are suggesting for the establishment of an expert team to study the state of the international financial sector and how it can be reformed to suit the latest developments," said Foreign Minister Datuk Seri Syed Hamid Albar.
He said the …
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