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The Shanghai Cooperation Organization (SCO) is working on a system that would allow its members to conduct transactions using their own national currencies. SCO Deputy Secretary-General Janesh Kain confirmed this to Izvestia , stating that the initiative is a top priority for the organization. asiaplustj.info »
In statement delivered at the 4th Central Asian Conference of the Valdai International Discussion Club via videoconferencing, Russian deputy Foreign minister Mikhail Galuzin noted on May 14 that Russia is a reliable and key trading and economic partner for the Central Asian region, which is confirmed by the consistent growth of trade turnover. asiaplustj.info »
The Eurasian Development Bank (EDB) yesterday published its Macroeconomic Review with forecasts for the economic development of its member states for 2021 and the medium term. The review states that, at the beginning of this year, the global economy started to steadily recover. asiaplustj.info »