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SCO accepts Afghanistan as observer, Turkey dialogue partner

(Xinhua)

15:16, June 07, 2012

BEIJING, June 7 (Xinhua) -- The Shanghai Cooperation Organization (SCO) has decided to grant Afghanistan observer status, and accept Turkey as a dialogue partner, Chinese President Hu Jintao said on Thursday.

Hu announced the decision made by the SCO member states at a press conference held after the SCO Beijing summit running from Wednesday to Thursday in Beijing. China currently serves as SCO president.

Member states of the SCO will work to facilitate trade and investment, in a bid to tap economic potential within the bloc, Hu said.

Hu told the media that SCO member states have agreed to enhance cooperation in the sectors of finance,transportation, energy, telecommunications and agriculture.

To advance regional economic development, the organization will forge ahead with its work on the establishment of a special account and development bank, Hu noted.

This year marks the beginning of the second decade of the SCO. Its development in the next decade will weigh heavily on the peace and development of its member states, the region and the world, according to the Chinese president.

He explained that member states have approved a mid-term development strategic plan, and agreed to build the SCO into a harmonious community.

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