03552cas a2200349 a 4500 AALejournalIMF022737 230101c9999 xx r poo 0 0eng d 15.00 USD 9781451969191 1020-7635 BD-DhAAL BD-DhAAL International Monetary Fund. Research Dept. IMF Staff papers : Volume 16 No. 3. Washington, D.C. : International Monetary Fund, 1969. 1 online resource (228 pages) IMF Staff Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents a report on existing international banking and credit facilities in the Economic Commission for Asia and the Far East (ECAFE) region. The report presents a background formation on the importance of intraregional trade and payments, the exchange systems of the countries concerned, and banking relationships within the region. Balance of payments statistics of the ECAFE countries are not available in a form that would permit the calculation of intraregional payments for both trade and nontrade transactions. As far as nontrade transactions are concerned, there is reason to believe that the intraregional proportion is low. Although several countries of the ECAFE region have bilateral payments agreements with countries outside the region, especially with Eastern European countries, little of the trade among countries of the region is conducted under bilateral payments agreements. A mandatory system of clearing may be established by mutual agreement of the participating members. Alternatively, each member could retain the freedom to decide whether it would require all transactions to be settled through the clearing union or would leave it to traders to choose what they regard as the most advantageous method of settlement. Mode of access: Internet IMF Staff Papers; IMF Staff Papers ; No 1969/003 Full text available on IMF https://elibrary.imf.org/openurl?genre=book&isbn=9781475506969 IMF e-Library Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1020-7635&volume=1969&issue=003 IMF e-Library Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1020-8313&volume=2002&issue=004 IMF e-Library Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2001&issue=200 IMF e-Library Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2002&issue=095 IMF e-Library Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2002&issue=096 IMF e-Library Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2002&issue=110 IMF e-Library Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2002&issue=140 IMF e-Library Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2002&issue=235 IMF e-Library Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2002&issue=251 IMF e-Library