Kyrgyzstan has advocated calculation in national currencies and the creation of the Bank within the framework of SCO

Кыргызстан выступил за расчет в нацвалютах и создание банка в рамках ШОС

Kyrgyzstan is in favour of deepening the economic cooperation of Shanghai cooperation organization, said the President of the Republic of Sooronbai Jeenbekov at the SCO summit in Bishkek.

According to him, it is necessary to carry out the transition to settlements in national currencies of the countries in the framework of the SCO. Moreover, Kyrgyzstan urged to continue consultations on the establishment of the SCO development Bank.

“Now have a greater role in the development of the economic component of the SCO’s development is played by the international business Council and the interbank Association,” said Jeenbekov.

He called for increased cooperation of entrepreneurs of SCO countries and encourage the participation of interested government agencies and the business community in the implementation of joint projects with integration potential.

Also, the Kyrgyz side proposed to create the SCO on the fight against economic crimes. “At present, the threats emanating from the Internet are real threats to the security of States,” said Jeenbekov. The head of Kyrgyzstan called on SCO countries to focus on information security.

“Increasingly, there are cases when unverified and often false information is replicated and creates a negative background. There is an increased threat of the use of IT technologies in terrorist and military-political purposes,” he explained.

According to the President, very important is the cooperation in the field of communication technologies, as well as in the construction of a system of inter-regional cooperation.
“Kyrgyzstan pays special attention to the implementation of the SCO development strategy until 2025, with special emphasis on the economic component”, – said Sooronbai Jeenbekov.

He drew attention to the need to further develop transport and logistical ties between the SCO member States and the countries-observers of the Association. In this regard, Jeenbekov called as soon as possible to implement the project on construction of the railway China-Kyrgyzstan-Uzbekistan.

Recall that in Bishkek on Friday held a summit of the SCO. Kyrgyzstan this year chairing the organization.