All news

Kazakh PM calls for boosting economic cooperation within SCO

“Member-countries of our organization should draft new approaches to boost economic interaction for reducing risks,” he said

BISHKEK, December 5 (Itar-Tass) — Kazakhstan’s Prime Minister Serik Akhmetov has called on member-states of the Shanghai Cooperation Organization to step up economic cooperation.

“Member-countries of our organization should draft new approaches to boost economic interaction for reducing risks,” he told a meeting of the SCO Council of the Heads of Government on Wednesday. “The SCO has already become a guarantor of peace and security in the region, now we need to move towards stepping up economic ties.”

For this purpose it is necessary to speed up coordination of the principles to finance economic projects within the SCO, Akhmetov said.

“In this respect the development of transport potential of our organization looks most promising,” he said.

At the same time the prime minister recalled that Kazakhstan actively conducts construction of the Western Europe - Western China transport corridor.

“By 2015 we will complete the construction,” he said.

“Cooperation in the energy sector would bring positive results through the creation of an energy club within the Shanghai Cooperation Organization,” he said.

Akhmetov expressed confidence that the meeting in Bishkek “should become an important stage in the development of economic and cultural potential of the organization.”