«Development banks in all countries of the Shanghai Cooperation Organization are the pillars of anti-crisis government programs,» Igor Shuvalov, head of the VEB.RF corporation, said to 24.kg news agency.
According to him, members of the SCO Interbank Association will use every opportunity to reverse the economic downturn caused by the pandemic. The parties have already exchanged experience and best practices in overcoming the crisis.
«We agreed to develop and adopt a roadmap for overcoming the effects of the crisis in the economies of the SCO countries. It will include joint measures to strengthen epidemiological security, develop investment, trade and economic cooperation, as well as launch of infrastructure projects designed to generate long-term economic growth and employment,» Igor Shuvalov said.
