Representatives of 29 Nations Discuss Establishing SCO Development Bank
The Shanghai Cooperation Organisation Secretariat says delegates held a 'substantive exchange of views' on the proposed bank's operational parameters.
Representatives from 29 nations took part in consultations on establishing a Shanghai Cooperation Organisation (SCO) Development Bank, according to a statement from the SCO Secretariat cited by TASS.
The Secretariat said that "a substantive exchange of views took place regarding the operational parameters of the SCO Development Bank," without providing further details on the specific issues discussed or the outcomes of the consultations.
The report did not specify which countries were represented in the talks, the venue or date of the consultations, or a timeline for the bank's potential establishment.
TASS did not disclose additional information beyond the Secretariat's statement. Further details on the proposed bank's structure, funding, and mandate were not immediately available.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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