At the Shanghai Cooperation
Organization (SCO) Summit in Astana, the heads of state signed 25 agreements to
develop key sectors. These documents cover a wide range of issues, including
ecology, logistics, and tourism. Experts particularly highlight a set of
documents aimed at strengthening the fight of the Shanghai Ten countries
against the three evils. It is noteworthy that each agreement is significant
for the overall well-being and prosperity of the member countries. As part of
the Economic Development Strategy for the SCO Region until 2030, a plan for
special measures has been approved. Additionally, the countries have reached a
unanimous decision on mechanisms for financial support for project activities.
Each document signed by the heads of state signifies a unified approach to crucial
aspects of future cooperation, embodying the collective Shanghai Spirit.
«Many agreements were signed on
the economic development of the SCO, including boosting trade in national
currencies within the Organization, which is now one of the most pressing
issues. It is now clear that there is a need to establish a new financial
architecture within the SCO, primarily to provide tools and mechanisms enabling
the SCO member states to safely build a new framework within Eurasia,» said
Yersultan Zhanseitov, expert at the Institute of World Economics and Politics.
