WANA (July 04) – Iran’s acting president has highlighted the potential of the Shanghai Cooperation Organization in expanding regional trade.


“There are many opportunities and capacities in the territory of the member countries of the Shanghai Cooperation Organization in the field of trade, production, energy and transportation, as well as in the field of artificial intelligence.


The activation of transit corridors plays a key role in facilitating trade and economic development of member countries. We believe that SCO members can trade with other countries through Iran’s North-South Corridor and southern ports at a lower cost and with a faster pace”.


Addressing the 24th summit of the SCO in Astana, Mohammad Mokhber emphasized that the issue of the national currency in bilateral trade is on the bloc’s agenda to achieve its ultimate goal which is de-dollarization.


He also harshly condemned the ongoing Israeli genocide in Gaza, urging all countries, including SCO members to take practical measures to stop the war and send humanitarian aid to Gaza.


Heads of state and leaders from Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, India and Pakistan also attended the summit.


Members are set to ink 24 cooperation documents. The SCO was founded in 2001 by China and Russia.The Eurasian club aims to discuss security concerns in the West Asia region, and promote a multi-polar world order.


WANA – Presidential Election 05 July 2024