BAKU, Azerbaijan, June 25. The Board of the
Shanghai Cooperation Organization (SCO) Business Council held its
regular meeting, bringing together representatives from member
states to discuss ways to strengthen economic and investment
cooperation across the organization.
This was reflected in the statement by the Chamber of Commerce
and Industry of Uzbekistan, following the regular meeting of the
Board of the Shanghai Cooperation Organization (SCO) Business
Council in Bishkek, Kyrgyzstan, on June 24.
Uzbekistan was represented by Alisher Shaikhov, Adviser to the
Chairman of the Chamber of Commerce and Industry of Uzbekistan.
"Held in the year marking the SCO’s 25th anniversary, the event
was recognized by participants as an important platform for
dialogue aimed at further strengthening the organization’s economic
potential. Participants noted that SCO member states today account
for nearly half of the world’s population and represent a region
with substantial economic, investment, and human capital
potential." the statement said.
The discussions focused on expanding trade, economic, and
investment cooperation, promoting joint projects, supporting
businesses, and strengthening commercial ties among member
countries.
Participants also exchanged views on cooperation in a range of
emerging and strategic sectors, including the digital economy,
artificial intelligence, e-commerce, green development, energy, and
transport and logistics. Particular attention was paid to
increasing investment cooperation, accelerating digital
transformation, and improving regional connectivity.
A ceremony was also held to present commemorative medals
established in honor of the SCO’s 25th anniversary. The awards were
presented to individuals who have made notable contributions to
strengthening business ties, promoting joint initiatives, and
advancing economic cooperation within the SCO framework.
At the conclusion of the meeting, participants emphasized that
expanding practical cooperation and advancing joint investment and
infrastructure projects remain key factors in supporting
sustainable economic growth across the SCO region.