as reflected in the world bank ’ s latest logistics performance index. thailand has, therefore, been a natural gateway that links extra - regional economies to asean markets. thailand has advantages to be a hub for regional headquarters of multinational companies ; a hub for logistics and distribution activities ; a sourcing hub for regional markets ; and a financial hub for regional markets. however, to remain competitive as a regional hub is a challenging task. bis central bankers ’ speeches 14. to remain as the preferred hub and entry point of the region, we perceive an opportunity for investment from china which has the advantage in capital, construction capacity and technology. as the advantage of low cost factor of productions is rapidly declining, china is facing an urgent need to re - orient supply chains through thailand to enter asean and the greater mekong subregion ( gms ) in particular. china and thailand should therefore make every effort to grasp this opportunity and construct win - win solutions for both sides. ladies and gentlemen, 15. let me conclude that china economic prosperity and advancement provides wide range of untapped opportunities for thailand. they are right here where we are now, in our region. we should seize it and not miss it. and i am confident that so long as we work hand in hand with china, unite together, and embrace the merit of economic integration, the synergy of the two will surely give its fruit on the growing tree. thank you. bis central bankers ’ speeches

quality of regulation and lay the grounds for strengthening the financial sector. our foremost task, as we see it, is enhancing protection of rights of financial services consumers. i will be honest with you – at the nbu we truly hoped that ukraine would get a real protection system guaranteed by laws. but the parliament decided otherwise. however, this is not an excuse to abandon people with their problems with banks and nonbank financial institutions. today, i am very happy to inform you of the following : the nbu assumes responsibility for protection of rights of financial services consumers and establishes a special unit in charge of these issues. first of all, it will enable regulation of the information disclosure system that will deal with information on financial products and services. information transparency is at the core of trust in the financial services and safeguards higher prosperity of the public. we will continue our work on people ’ s complaints, but from now on it will be more systematic. the chain “ complaint – response – changes in regulations ” will become shorter and more efficient. this will help reduce the number of misunderstandings between financial institutions and their customers, improve their information awareness, and teach the financial market to address their customers ’ questions and comments. second. the nbu has assumed the leadership and developed a vision for the future strategy of financial literacy. why does the central bank need it, considering that we are not part of the education system? our goal is to prepare young people for life in the real world full of challenges and rapid changes. today, we encourage everybody present to join in common work based on our vision. i hope in a year we will be able to sum up our first results. ladies and gentlemen, i am confident that many of you have joined the forum with brilliant ideas of how to make financial services more accessible for ukrainians. so, let ’ s get to work! 2 / 2 bis central bankers'speeches