Singapore says must keep financial markets open

Reuters, 27 Mar 2009, Huw Jones
LONDON, March 27 (Reuters) - Asia is still opening up its financial markets to foreign players and countries should not seek to insulate themselves, Singapore's finance minister, Tharman Shanmugaratnam said on Friday.
"In Asia the basic direction of travel is still towards opening up financial markets, allowing for continued increased presence of foreign financial institutions," he told a financial conference.
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