Ecombd

Tuesday, April 06, 2010

No hope for Common Asian Currency

Asian countries have immense potential and they have more than 50 percent of the total population in the world. However, the main problem of Asian countries is that they do not have good relation with each other. So, although European countries could even make a single currency called Euro, there is still many years before we can even dram of a common Asian currency. The main problem as I said is the bad relationship between the political leaders and a lot of mistrust and suspicion among neighboring country.
I just wish that there was some kind of union association like European Union in Asia. Asian countries have two things and one of them is SAARC and other is Asian. However, the sad part is that China is not a part of any of them. So, without China you can not imagine of any successful union or association in Asia

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