SCO Conference Emphasizes Implementation of New Economic Dialogue: Declaration

SCO Heads of Government Council Transfers Presidency to Russia, Emphasizes Economic Collaboration

The presidency of the Shanghai Cooperation Organization (SCO) Heads of Government Council has been handed over to Russia, according to the declaration.

Pakistan, Kyrgyzstan, Belarus, Kazakhstan, Russia, and Uzbekistan expressed support for China’s Belt and Road Initiative in a joint declaration.

The forum highlighted the need for improved economic cooperation between Europe and Asia, as stated in the joint declaration.

Member states were urged to enhance their capabilities in green development, digital economy, trade, investment, and technology, according to the joint declaration.

The forum emphasized the necessity of establishing a non-discriminatory and transparent trading system, as stated in the declaration.

The forum opposed the imposition of unilateral trade sanctions, according to the joint declaration.

Unilateral sanctions are against the rules of the World Trade Organization, as mentioned in the joint declaration.

A proposal was made to create a databank for ongoing investment projects among member states, according to the joint declaration.

SCO member countries emphasized the concepts of “One Earth, One Family, and One Future.”