Aegap,
I think IFCA's goal, at least at the beginning, is to attract foreign banks and investment firms, which arguably, may already have the 'culture' required to participate in these markets. My opinion is that the country should not wait for IFCA to get the 'culture' but to develop it now.
Note: This is my personal opinion, an should not constitute investment
advice. E-mail me at my personal address if you want to develop a dialogue
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