VIT chancellor supports a common currency for Asia

Once successful, we can think of an Asian Union, says Viswanathan

July 30, 2016 12:00 am | Updated 06:07 am IST - VELLORE:

VIT University chancellor G. Viswanathan stressed the need to take steps to evolve a common currency for Asia, and once successful, think on the lines of forming an Asian Union.

“Asia is rising in the 21st century. India and China account for one-third of the world’s population. Countries in Asia should cooperate and learn from each other to overtake other countries. To begin with, an Asian currency could be launched,” he said at a programme on Friday.

Noting such a common currency for Asia as essential, he said “it is not easy, but not impossible.” “Once successful, we can think of an Asian Union, on the lines of the European Union or even a better one,” he said. The chancellor stressed the need for Asian countries to maintain good relationship.

Agreement with

Jaffna University

He said a team had already been sent to Jaffna University and was expecting to sign an agreement.

Delivering a special lecture on the occasion, V. Krishnamoorthy, Sri Lankan Deputy High Commissioner in Southern India, pointed out that they had earlier proposed a common currency in SAARC but there were “segregation issues.”

He emphasised on the importance of avoiding segregation among countries.

“We should fundamentally see how we can hold our people together and how to maximise common place for everyone,” he said.

He highlighted the need for continuous learning for students.

Among others, Anand A. Samuel, vice-chancellor of the university was present.

Sri Lankan Dy. High Commissioner in Southern India stressed on need to avoid segregation

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.