Putin Calls for Stronger SCO Ties amid Global Tensions

Russian President Vladimir Putin emphasized strengthening the Shanghai Cooperation Organisation (SCO) to boost economic cooperation among member states. He advocated for enhancing payment systems and developing strategic logistics routes. Furthermore, the importance of integrating projects such as China's Belt and Road Initiative was highlighted, alongside plans for a future development bank.

Russian President Vladimir Putin has called for bolstering the Shanghai Cooperation Organisation (SCO) during a meeting with the organisation's governmental heads at the Kremlin. The talks focused on the SCO's role in enhancing economic collaboration and credibility across Asia and globally.

Putin stressed the significance of establishing robust payment channels and encouraged the development of strategic logistics routes throughout the region. Highlighting Russia's geographic advantage, he noted substantial investments in transport infrastructure to support these objectives.

The Russian leader also pushed for the formation of an SCO development bank and more cooperative integration projects, including China's Belt and Road Initiative. The progress aims to foster technological sovereignty and facilitate economic collaboration among member states.

(With inputs from agencies.)