The SCO thinks about a bank and an analog of the TTIP

Saturday, 22 October, 2016 - 08:15

 During the economic summit of the Shanghai Cooperation Organisation (SCO), Qian Keming Vice Minister of Commerce of PRC, has proposed his colleagues to create a free-trade area and the SCO Development Bank for financing certain regional projects.

Probably, this new bank is planned to be as an analog of the BRICS Development Bank, which having recently approved funding the first five projects.