10:30 - 1.09.2025

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September 1, Fineko/abc.az – The member states of the Shanghai Cooperation Organization (SCO) have decided to create an SCO Development Bank, ABC.AZ reports, citing the declaration adopted following the SCO summit in Tianjin.

Interested member states, reaffirming the importance of establishing the SCO Development Bank, have decided to set it up and to intensify consultations on the full range of issues related to the functioning of this financial institution, the document reads.