India today said countries within Asia should strive for better governance and transparency in policy making to foster development in the region. Addressing the Governors' Seminar on 'ASIA 2050' at the annual meeting of the ADB at Hanoi in Vietnam, Finance Minister Pranab Mukherjee said an enabling environment and appropriate institutional structure is a prerequisite for the Asian growth story to unfold. Mr Mukherjee said all countries need to work toward improving governance, the quality of their institutions and apply transparency and accountability filters to domestic policy making and implementation. He said, regional cooperation and integration through transport and energy connectivity could pave the way for the emergence of a vibrant regional market. He said, strengthening cross border infrastructure linkages in transport, communications and energy sectors would help in addressing bottlenecks that are impeding growth. The Finance minister said if Asia has to reach the level of an affluent region, achieving broad-based, inclusive and sustained growth would be a paramount necessity. He also said, Asian countries should aim to transform their economies into knowledge-and skill-based economies over the next 40 years to ensure high sustained growth.