ID :
84654
Thu, 10/15/2009 - 14:39
Auther :

Meeting of government heads of SCO members states

Beijing, October 14, 2009 (Khabar) - Resistance to the global financial crisis served as the main topic on the agenda of the eighth prime ministers’ meeting of the Shanghai Cooperation Organization member states which opened in Beijing. Resistance to the global financial crisis involves measures on boosting economies and enhancing cooperation between the business council and the SCO Interbank Association.

Karim Massimov, Prime Minister of RK:
- Today, it is very important to define growing points of relations within the framework of the SCO, which will help us to move forward. It is necessary to work on strengthening cooperation as part of the SCO and help our economies in overcoming the aftermath of the global financial crisis.

At the meeting in Beijing, Karim Massimov noted that instability in the market of hydrocarbons is creating a threat to global energy supply. Except of participants’ interests harmonization in global power interaction it is necessary to define practical measures on stable maintenance of economics with traditional kinds of power resources, more active introduction of power saving up programs and alternative energy sources. The important problem of development of cooperation in this sphere is realization of joint projects in "green energy» area.

Karim Massimov, Prime Minister of RK:
- The development of the SCO energy strategy will assist in coping with this problem.

Also, attendees of the meeting were talking about the strengthening of economic partnerships. In order to discuss this problem, the meeting participants organized a special trade and industrial forum, which involved representatives of large businesses of country-partners of the SCO. At the forum, Kazakhstan presented its investment projects. At Karim Massimov’s suggestion, the heads of governments of the SCO members states decided to hold a meeting of Finance Ministers and chairmen of Central Banks in Almaty, which will be devoted to resistance to the crisis and the joint reformation of the global financial system.


Karim Massimov, Prime Minister of RK:
- Heads of the governmental delegations have accepted the decision that till the end of current year meeting of heads of Ministers of Finance and heads of the central banks on development of common position will be held in Almaty.

Issue of national currency usage in payments between SCO countries is going to be considered at this summit.

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