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SCO takes part in Eurasian Economic Forum 2017 and Eastern Economic Forum
07.12.2017 14:29

A delegation of the SCO Secretariat took part in the Eurasian Economic Forum in Xian (the province of Shaanxi, China), which gathered heads of leading international organizations and representatives of research and business communities from 40 countries.

Speaking at the opening ceremony, China’s Deputy Prime Minister Wang Yang noted the general commitment of the participants to discuss the process of coupling their economies with the One Belt, One Road initiative. Special attention was to be paid to the Agreement on creating favorable conditions for international truck shipments signed within the SCO, issues of customs and bank cooperation and expansion of cooperation in e-commerce. Wang Yang also proposed to set up an E-Commerce Association of SCO member states.

The Forum organised a roundtable for regional governors of SCO members titled “Inter-regional cooperation: assisting the coupling of national development strategies.” Participants voiced their proposals on expanding cooperation.

The Eurasian Economic Forum is a platform of international economic cooperation in Eurasia, where the member states of the Shanghai Cooperation Organization are situated. By now, the Forum has become a window to the outer world for the western parts of China, a platform for establishing trade and economic contacts between countries situated along the Great Silk Road.

A delegation of the SCO Secretariat, led by Secretary General Rashid Alimov, attended the Eastern Economic Forum held in Vladivostok. The Secretary General’s program included participation in panel sessions and discussions devoted to trade and economic cooperation in Eurasia and Asia Pacific.

During the panel discussion “Big Eurasian partnership: ways to expand future-oriented space”, participants discussed the role and place of the SCO in the development of regional economic cooperation. They pointed to the Organization’s significant potential and unique opportunities for building a stable system of inter-state relations in Greater Eurasia.

In his speech, Rashid Alimov pointed out that “at the turn of the century, Eurasia became the place of large-scale processes that designed a new system of inter-state cooperation. Almost all countries of the region are involved in different projects, their nature varying from traditional forms of integration to creation of joint specialized multilateral mechanisms to achieve specific goals.”

Participants of the session agreed that merging their potentials and efforts for achieving synergy would promote long-term, stable and inclusive development of the nations and peoples of Eurasia and Asia Pacific.

The Eastern Economic Forum was established by Russian President Vladimir Putin in 2014. It has become a big international event, which has a huge political importance, an influential and respected business and communication platform for officials and business elites of Asian Pacific countries.

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