Boosting Trade and Connectivity: Key Takeaways from SCO Meeting

Efficient logistics and a paperless system are vital for fostering international trade, according to Commerce Secretary Sunil Barthwal. Emphasizing transparency and cooperation, Barthwal highlighted the significance of these elements during a meeting of SCO ministers. The ministers approved agreements to enhance cooperation in various sectors, including creative economy and trade promotion.

Efficient logistics and a paperless system are critical to boosting international trade, Commerce Secretary Sunil Barthwal stressed at a recent meeting of Shanghai Cooperation Organization (SCO) ministers.

Barthwal emphasized the need for transparency and trust in collaborative efforts to enhance connectivity projects. He underscored the importance of upholding the principles of the SCO Charter, including respect for sovereignty and territorial integrity.

Highlighting the importance of paperless trading for streamlining cross-border transactions, Barthwal congratulated Pakistan on its SCO Presidency and welcomed Belarus as a new member. The ministers also approved three documents aimed at improving cooperation in creative economy and trade promotion.

(With inputs from agencies.)