Kazakhstan insists on accelerating creation of the SCO Development Bank

Date: 14:31, 19-11-2014.

Astana. November 19. Silkroadnews - Kazakhstan sees the need to expedite the matter of SCO Development Bank, informs KazTAG citing Kazakhstan Minister of National Economy Yerbolat Dosayeva.
"In order to achieve sustainable economic development of the region, as well as financial support and investment maintenance projects within the plan of activities of the program of multilateral trade and economic cooperation of SCO member states, Kazakhstan sees the need to expedite the matter of SCO Development Bank", - quoted Y.Dosaev.
In addition, another major area of economic partnership within the SCO called strengthening investment cooperation and improving the business climate.
According to the ministry, for the past 10 years in Kazakhstan was raise about $200 billion foreign direct investment, including $20 billion of the SCO countries.

Share the news: