SCO important force for peace, construction, development: Chinese ambassador (2)

10:30, June 10, 2011      

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Since September 2001, SCO member states have signed a series of documents on regional economic cooperation, trade and investment, and established a bank union and an enterprise committee.

During the past 10 years, China, Russia and Kazakhstan have seen fast development with their economies growing at high rates, he said, noting that the SCO develops internal and external cooperation without setting any political condition as a prerequisite.

Since the outbreak of the global financial crisis, China has provided 10 billion U.S. dollar preferential loans to other SCO member states, he said.

The SCO is also a force for development, the ambassador added.

All member states adhere to the "Shanghai Spirit," take peace and development as responsibility, support each other, enhance cooperation in various forms with other international and regional organizations, he said.

"In the development process, the SCO has received extensive attention from the international community and become a positive and thriving force on the international stage," he said.

As for relations between China and Kazakhstan, both important member states of the SCO, Zhou said during the past 20 years, bilateral ties have been developing continuously, with ever enhancing mutual trust and frequent exchange of high-level visits.

China and Kazakhstan have no fundamental conflict of interest and hold the same or similar views on major international and regional issues, he said, noting that the two economies are highly complementary.
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