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18/August/2022   Chairmanship of Uzbekistan in SCO

Tashkent hosts the SCO Economic Forum

TASHKENT, August 18. /“Dunyo” IA/. The second SCO Economic Forum kicked off in Tashkent on August 16, reports “Dunyo” IA correspondent.


According to the Ministry of Investments and Foreign Trade, the forum was attended by heads of ministries and agencies responsible for developing the economy, trade and attracting investments, heads of industry associations, commercial banks, large state corporations, chambers of commerce and industry, experts and other members of the delegations of the SCO member states, as well as representatives of the Secretariat of the organization.

First Deputy Minister of Investments and Foreign Trade of the Republic of Uzbekistan Aziz Voitov addressed the event.

Participants of the forum emphasized the stable, positive dynamics of the growth of trade between the SCO countries. In 2021, the volume of foreign trade of the member states of the organization exceeded $8 trillion, having increased by a third, while the internal trade of the SCO countries increased to $768 billion, an increase of almost 40%.

During the panel session, attention was also paid to the implementation of projects of regional importance, such as the construction of the China – Kyrgyzstan – Uzbekistan railway and the trans-Afghan corridor, which will increase the volume of cargo transportation in the territories of several SCO countries.

The first day of the forum also included the SCO Industrial Innovation Fair and bilateral talks between members of delegations from various countries.

The program of the second day of the Forum included panel sessions devoted to the discussion of priority investment projects, factors for deepening international cooperation, measures to restore trade and economic ties, enhance collaboration in the era of digitalization, as well as the development of a green economy in the SCO space.

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