reliable environment. the services themselves are provided by certain national central banks of the eurosystem, identified as “ eurosystem service providers ”, among which the luxembourg central bank. these providers have committed to offering the complete set of reserve management services falling under the new framework. eurosystem service providers and the other central banks of the eurosystem may also offer specific reserve management services on an individual basis. the eurosystem ’ s services are tailor - made to address the special needs and concerns of those institutions that operate in the same area of central banking activities as the eurosystem itself. the services offered under the new framework, as well as other non - standardised and non - harmonised services offered by those central banks with extended know - how in professional asset management, among which the luxembourg central bank, help this core group of customers to manage their euro - denominated reserve assets more effectively and with greater flexibility and will thus accompany the deepening of financial markets in europe and the expanding role of the eu currency. thank you for your attention.

have managed to sustain much of their distinct culture and commitment to improve the quality of life for all their people. 7. conclusion my remarks focused on the post - crisis recovery of the asian economies, with a view to drawing lessons from the asian economic recoveries for the african renaissance, and to understanding how asian countries have managed to sustain their culture despite their economies ’ rigorous globalization programs. available evidence suggests that the asian economies have definitely re - established a path to high and sustainable economic growth, and are restoring their trade with the world and the african continent. the african renaissance process will benefit greatly from an enhanced african - asian trade and cooperation at various levels : culturally, scientifically, politically and economically. there is a lot to be learnt from how japan and other asian countries have been transformed through political leadership and foresight, acquisition of skills and technology, and a contribution of cultural norms and aggressive international competitiveness. one major conclusion to be drawn is that a robust embrace of globalization is not inconsistent with african culture, values and norms. annexes - tables of imports and exports table 1 african trade with japan ( us $ millions ) japan ’ s imports from africa angola botswana congo, dem. rep. of lesotho malawi mauritius mozambique namibia seychelles south africa swaziland tanzania zambia zimbabwe 10. 4 9. 77 82. 92 0. 05 49. 98 5. 96 25. 98 0. 52 2, 197. 83 11. 31 49. 36 174. 16 148. 46 15. 73 7. 97 80. 62 48. 41 14. 4 34. 27 1. 71 2, 541. 86 10. 91 64. 67 221. 84 178. 8 22. 49 8. 47 82. 47 26. 45 17. 36 18. 35 3. 27 2, 832. 36 11. 27 64. 89 192. 11 161. 57 3. 18 6. 09 53. 31 33. 41 24. 47 21. 69 3. 36 2, 802. 94 14. 6 58. 92 138. 53 188. 73 19. 95 2. 44 44. 41 0. 01 46. 07 27. 99 20. 97 5. 26 2, 403. 34 10. 43 67. 69 124. 55 155. 26 sadc total 2, 766. 69 3, 221. 19 3, 441. 05 3, 349. 23 2, 928. 37 africa 3, 934. 58 4, 530. 59 4, 900. 67