The financial transactions that underpin the free movement of goods and services will intensify with greater trade, facilitated by the removal of capital account restrictions in some countries. However, the gains are expected to offset the losses, and should lead to better resource allocation and a net welfare-improving outcome for the country, and without doubt for the region as a whole.
We have already removed the barriers to trade in goods and services. We have made some strides in the removal of barriers to movement of persons, but there is a long and difficult road ahead here as witnessed by the frequent dialogue on this topic.