{"id":153275,"date":"2025-09-01T11:32:01","date_gmt":"2025-09-01T08:32:01","guid":{"rendered":"https:\/\/pozirk.online\/en\/news\/153275\/"},"modified":"2026-03-09T20:10:49","modified_gmt":"2026-03-09T20:10:49","slug":"lukasenka-calls-for-sco-financing-tool-amid-sanctions","status":"publish","type":"articles","link":"https:\/\/pozirk.online\/en\/news\/153275\/","title":{"rendered":"\u0141uka\u0161enka calls for SCO financing tool amid sanctions"},"content":{"rendered":"\n

September 1, Pozirk<\/em>.<\/strong> The Shanghai Cooperation Organization (SCO) needs an independent financing mechanism amid the destabilizing impact of sanctions, Alaksandar \u0141uka\u0161enka has said at the SCO summit in China\u2019s Tianjin.<\/p>\n\n\n\n

A mechanism of this kind should finance cross-border projects, alleviate the sanctions pressure, promote the use of national currencies in trade and support cooperation, ranging from logistics and energy to digital transformation and artificial intelligence, he noted.<\/p>\n\n\n\n

Belarus supports the idea of setting up an SCO development bank to stabilize economic ties and promote economic sovereignty in the region, with branches operating in every SCO member state, \u0141uka\u0161enka added.<\/p>\n\n\n\n

Minsk joined the SCO one year ago. The organization also includes India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan.<\/p>\n\n\n\n

\u0141uka\u0161enka arrived in China yesterday on a four-day visit. Apart from participating in the Tianjin SCO summit, he will attend the SCO+ meeting bringing together the leaders of observer states, international organizations and high-ranking guests.<\/p>\n\n\n\n

The Belarusian ruler is also expected to attend a parade in Beijing on September 3 to mark 80 years since Japan surrendered in World War Two, bringing an end to its occupation of parts of China. China has also invited Russian President Vladimir and North Korean leader Kim Jong Un to this event.<\/p>\n\n\n\n

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