The lesson learned from the ongoing economic crisis is that the development of the international markets needs not only the invisible hand, but also a global regulating system, Miguel Angel Moratinos, the Spanish foreign minister, said here Saturday. 'The absence of an international regulation favored the crisis of the financial institutions and has required and enhanced coordination, making the G-20 a new forum for economic governance, ' Moratinos said while addressing the general debate of the 65th session of the UN General Assembly. (UN-Spain- Finance) OTTAWA -- Trade ministers of Canada and India ended their first annual dialogue Friday, with a goal to increase bilateral trade to 15 billion U.S. dollars annually in the next five years. Canadian Minister of International Trade Peter Van Loan and visiting Indian Minister of Commerce and Industry Anand Sharma welcomed the establishment of a formal discourse and committed to maintaining open and productive discussions. (Canada-India-Trade) DHAKA -- The Bangladesh Petroleum Exploration Company (Bapex) has discovered a potentially large oil and gas structure in northeastern districts of Sunamganj- Netrokona and is preparing to drill an exploratory well there. Bapex Managing Director Mortuza Ahmad Faruque was quoted as saying by leading English newspaper The Daily Star on Sunday that the geological structure determined through a survey was very much in favor of a gas field with two to three trillion cubic feet (tcf) reserve. (Bangladesh-Oil) COLOMBO -- International Monetary Fund (IMF) decision to grant a further tranche of the 2.6 billion U.S. dollar standby facility was a further endorsement of the island's economic stability, the Sri Lankan government said here Saturday. 'The IMF decision was a further reflection of the international confidence in our economic stability,' Sarath Amunugama, deputy minister of Finance told reporters. (Sri Lanka-Economy) 