Heads of leading development institutions of the SCO member states (China, India, Russia, Pakistan, Kazakhstan, Kyrgyzstan and Tajikistan) that are IBA member banks, as well as representatives of the SCO Secretariat and partner banks of the SCO IBA (Mongolia, Belarus and the Eurasian Development Bank), authorized ministries and agencies of the Republic of Uzbekistan) are invited to participate in the event.
The most important issue on the agenda of the meeting will be the signing of the following documents initiated by the NBU and approved by the SCO IBA member banks during the meeting of experts and coordinators held in Bukhara on May 16, 2022:
Joint Action Plan of member banks of the Interbank Association of the Shanghai Cooperation Organization to support and develop intra-regional economic cooperation of the SCO in the medium term (2022-2027);
Framework principles of interaction and cooperation of member banks of the Interbank Association of the Shanghai Cooperation Organization in the financial sector.
The adoption of these documents will allow member banks to coordinate measures to find ways out of the crisis caused by the pandemic and the instability of the global economy, pay special attention to investing in strategically important projects that provide for the development of innovation, high technology and the digital economy, improve project financing mechanisms, as well as assistance in strengthening the role of IBA in the SCO space.
At the meeting, it is also planned to discuss the prospects for enhancing collaboration between member banks in the investment, economic and personnel areas to improve their mutually beneficial partnership and create favorable conditions for stimulating the growth of mutual trade and investment of the SCO member states, as well as increasing the personnel potential of IBA member banks.
UzA
