Core Points - The establishment of the Shanghai Cooperation Organization Development Bank (SCO Development Bank) is a significant focus, aimed at enhancing security and economic cooperation among member states [1][2] - The proposal for the SCO Development Bank was first made by China in 2010, with the goal of promoting regional trade and the use of local currencies [2] - There has been a consistent push for the development of the SCO Development Bank, with recent meetings indicating substantial progress in its establishment [3][4] Group 1 - The SCO Development Bank is expected to provide strong support for infrastructure financing and economic development among member countries, which have significant funding needs [2][3] - The bank's establishment is seen as a milestone event for the SCO, potentially enhancing the economic landscape of member states like Russia and Kazakhstan [2][3] - Recent meetings in 2023 have shown a shift towards rapid progress in establishing the bank, with agreements on financial cooperation and mechanisms being discussed [4][5] Group 2 - The SCO financial cooperation framework currently includes the SCO Bank Union, which has been in place for 20 years [5] - The SCO Bank Union consists of nine member banks and one partner bank, indicating a collaborative financial network among member states [6]
中国积极推动成立上合组织开发银行 学者：对成员国基建融资有重要作用
Xin Lang Cai Jing·2025-09-01 08:20