SCO members vow efforts for security, economic cooperation; local currency use in mutual transactions

ISLAMABAD, Jun 14 (APP):The member states of the Shanghai Cooperation Organization (SCO) Friday resolved to accelerate efforts to promote socio-economic and anti-corruption cooperation as well as to introduce the use of local currencies in mutual financial transactions and settlements.

The heads from the SCO member and observer states met in Bishkek, the Kyrgyz capital on June 13-14, for a meeting of the SCO’s Heads of State Council, wherein they underscored their intention to continue to rely on the goals and objectives of the SCO Charter and to follow the Shanghai Spirit that embodies mutual trust, mutual benefit, equality, mutual consultations, according to a statement issued by the
SCO Secretariat.