Member states of the Shanghai Cooperation Organization (SCO)
will further enhance regional multilateral cooperation in the
fields of economics and humanity, and boost their economic
That was the message contained in a joint communique issued at the
Sixth Meeting of Prime Ministers of the SCO Member States on Friday
in Tashkent, Uzbekistan.
"The prime ministers all agree that since the meeting in
Dushanbe, Tajikistan, in September 2006, all member states have
apparently intensified their efforts to deepen and broaden their
cooperation in the fields of economics and humanity, with a number
of model projects launched successfully," the communique said.
The meeting of ministers in charge of trade and economic
affairs, held in Astana last month, reviewed and confirmed the
concrete measures for fulfilling the program of multilateral trade
and economic cooperation among SCO member states, and yielded
positive results. Resolutions adopted at the meeting are being
implemented in an orderly way, added the communique.
The commmunique noted that selecting priority projects that are
up to international standard and doing a good job of their economic
and technological assessment will inject new vitality into the
integration of organization.
Large-scale projects closely related to the SCO Business Council
and Interbank Consortium are of great importance in future
cooperation between member states, especially those concerning high
tech, infrastructure, primary economic sectors and export-oriented
projects, the communique said.
The prime ministers expressed satisfaction with the Agreement on
Cooperation of the SCO Business Council and Interbank Consortium,
and believe that the council and consortium should strength the
pragmatic and effective cooperation within the SCO framework on the
basis of fair partnership and mutual benefit, said the
The leaders also believe that the regulations on selecting,
evaluating and implementing investment projects by the SCO
Interbank Consortium are of great significance in boosting
investment in the member states, the communique said.
The prime ministers instruct the SCO secretariat, with the help
of experts groups, to make an assessment of the projects designated
in the plan for action to implement the program, said the
The leaders believe it is necessary to intensify the research on
setting up a SCO development fund, as trade, economic and
investment cooperation, including the launching of model projects,
all need fund support, said the communique.
The six leaders attending the meeting are Uzbek Prime Minister
Shavkat Mirziyaev, Chinese Premier Wen Jiabao, Kyrgyz Acting
PrimeMinister Almaz Atambayev, Russian Prime Minister Viktor
Zubkov, Tajik Prime Minister Akil Akilov and Kazakh Prime Minister
Representatives from the four SCO observer nations, Pakistan,
Mongolia, Iran and India, also attended the meeting.
(Xinhua News Agency November 3, 2007)