Kyrgyzstan calls for creation of a development bank and a development fund of the Shanghai Cooperation Organization (SCO) in a short time, Kyrgyz acting Prime Minister Sooronbai Jeenbekov said.
“These institutions must become effective instruments of financial support for joint economic projects”, he said.
SCO member countries agreed to create a development bank and a development fund of SCO at a meeting in 2012.
Jeenbekov also noted that it was important to engage SCO business and financial institutions in the implementation of joint projects.
Moreover, the acting prime minister said that Kyrgyzstan supported Russian and Chinese initiative on pairing the project activity within the Eurasian Economic Union and the Economic Belt of the Silk Road.
“We believe that at the moment we need a comprehensive plan of economic cooperation, including the development of infrastructure projects, industry, trade and services”, Jeenbekov said.
He also noted that Kyrgyzstan was ready to work on deepening of cooperation in culture, education, health, environmental protection and tourism within SCO. (Trend/Business World Magazine)
