Asia for Global Integration
Trans Asian Integration of Industry, Business and Commerce - By Prof. (Dr.) R. P. Banerjee
The fight between the Wall Street Journal and a group of Senators in the United States of America regarding the misuse of Crypto-Currency by the destructive forces and having raised funding of trading of Bit-Coin for buying and arranging certain deadly missiles from two international sources has risen eyebrows again on the actual efficiency of Crypto Currency in the world. The US Treasury and Senate may review the current structure and trading process of the digital non-identified currency to have a flow across the trade and business in the world. As of now the Crypto power to create a value equivalence in the dominant trading and currency in the world will be the major thrust and impact factor on the trade and industry process for translatory and circulatory roles. On the other hand, the World Trade Organization(WTO) having mechanism and process triggered by the International Monitory Fund(IMF) and the allocations of all development finances and through development of Asian Development Bank, European Region Development Bank and others of the kind, has to undergo a series of restructuring, reorientation and repositioning.
This is not yet certain that distribution mechanism may occur again in the current process of funding trades drawn inclination towards that but the industry, trade and business in Asia has a significant impact on the currency and trading process available and in place in Europe and North American region with a direct and indirect impact on the global institutions.
It is now going to be a moment when the Asian economies will not have options but to join hands to create a homogeneity and collective force for sustainable and winning business proposition to stay and grow in the global process of trade, commerce and industry.
It is in this context, all the invisible forces making a significant and strong impact on the global network of industry, business and commerce pushing strong the forces of reallocations and redistributions from economies and within the region and also without. Trans Asian Business, Industry and Commerce has become a need of the hour. It is no longer a theme at conceptual level but it is going to have a transactory role in the fiscal and regulatory in the national and in the regions connected to the business and trade-flow from Asia.
We initiated the program for Asian Integration as a series initiated from 2016 and has its first Chapter in the year 2018 at Bangkok, Thailand then in the year 2019 at Singapore, in the year 2020 at Kolkata, India and after that in the year 2022 at Bangkok, Thailand and this time in early 2024 the 5 th Asian Integration Initiative Series of Borderless Asia is going to happen at Kuala Lumpur, Malaysia.
This is not only a movement in papers but actually is going to create and maintain a global movement wherein the voices from Asia will be surely and on a significant note hear by the auditory system on global business.
I, on behalf of Asian Integration Forum, urge upon to put your mind into this phenomenon to create your ideas and contribute your effective and intelligent thought to give a shape to this movement. The fundamental belief is that which was echoed more than twenty thousand years ago by the sages of Vedic period in India that the mind should come together, and heart to respond together and hands should join together.
समानी व आकूति: समाना ह्रदयानि व:।
समानमस्तु वो मनो यथा व: सुसहासति॥
samānī va ākūti: samānā hradayāni va:।
samānamastu vo mano yathā va: susahāsati॥
[Time has arrived now to actually implement the cherished thoughts of Vedic Sages echoed 20 thousand years ago and now in the world for the realistic benefit and growth for human civilization]