Albert Baghzian, economist:

The efficiency and effectiveness of the goals of the Asian Trade Union in times of emergency.
In the past, we could have solved the SWIFT problem by presenting a plan and setting up a banking messaging network with the efforts of the Asian Exchange Union, but unfortunately no action has been taken, but it is not not too late.
Considering the need to use other currencies instead of the dollar in international transactions, I hope that this issue will reach the final stage and implementation as soon as possible at this summit.
Besides the economic goals of different countries, dollarization also follows the political debate, one of the economic goals in the dollarization debate is to reduce financial transaction costs, which can certainly be achieved by bypassing the dollar.
Of course, if this problem is solved, there is no need to incur high transfer fees for financial exchanges, because it can be done in different currencies.
Additionally, most of our business transactions are with countries that are members of the Asian Exchange Union, where we can transact with our own national currency.
It is also necessary to establish and supervise a common institution to stabilize and manage the exchange rate among member countries of the Asian Exchange Union.
One of the goals of the aforementioned union is to introduce and use other currencies as a medium of exchange.
To achieve this objective, the exchange rate must be stabilized and managed in such a way that member countries do not have particular concerns in their transactions.
Undoubtedly, with the management and stabilization of the exchange rate, the other member countries of the Asian Exchange Union will not seek to save dollars.
For example, no country is looking to save Chinese Yuan, Turkish Lira or Rial, and only currencies will be used as a medium of exchange. I hope that the efforts and plans of the Central Bank will continue to be implemented to establish effective and favorable monetary stability, and that the next plans will not be neglected.
The governor of the central bank must continue the same process since he has started his programs well so that we can see more stability and progress in the field of foreign exchange and various international exchanges.