Tashkent to host the meeting of the Council of the SCO Interbank Association

20.08.2022 09:58

On August 23, Tashkent will host the XVIII Meeting of the Council of the Interbank Association of the Shanghai Cooperation Organization under the chairmanship of the JSC National Bank for Foreign Economic Activity of the Republic of Uzbekistan (NBU).

The NBU was elected Chairman of the SCO IBA for 2021-2022 during the XVIII Meeting of the Association Council held on September 16, 2021 in Tajikistan’s Dushanbe.

The meeting will be attended by the heads of leading development institutions of the SCO Member States (China, India, Russia, Pakistan, Kazakhstan, Kyrgyzstan and Tajikistan), which are member banks of the IBA, as well as representatives of the SCO Secretariat and the partner banks of the SCO IBA (Mongolia, Belarus and the Eurasian Development Bank), authorized ministries and agencies of Uzbekistan.

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.

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. 

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