China proposes to establish a free trade zone within the SCO

China proposes to establish a free trade zone within the SCO


ZHENGZHOU /China/, December 15. Member countries of the Shanghai cooperation organization to elaborate the issue of establishing a free trade area (FTA) in the framework of the SCO. About it at the enlarged session of the Council of heads of governments of States members of the Organization informed the Premier of the State Council of China Li Keqiang.

See also

Medvedev in China to take part in session of Council of heads of governments of the SCO member

The heads of government of the SCO countries will discuss in China questions of economic cooperation

Medvedev arrived in China, where he will take part in session of Council of heads of government of the SCO countries

“During the meeting in narrow format, we agreed that he would give the order to the Ministers of trade and economy to develop serious concrete measures to establish a free trade zone within the SCO framework to create more favorable conditions for trade within the SCO,” – said Li Keqiang.

He recalled that in the framework of the Shanghai cooperation organization has already established a special working group on simplification of conditions of trade, and also urged to make efforts to work together in this direction, by 2020, to move on to free movement of goods, capital, services and technologies between member countries of the SCO.

“We also need to find new forms of trade. Offer up a trade Association for electronic Commerce in the SCO, to provide businesses of countries participating in the SCO operational conditions for cross-border transactions,” added the Chinese Premier.

Protection from the threat of terrorism

The politician also noted that using the SCO needs to be put a reliable barrier against security threats to the countries participating in the Organization, including from terrorists.

See also

Medvedev: Russia and China intend to reach turnover of $200 billion by 2020

“Act for the settlement of international conflicts by peaceful means, respecting the principles of mutual respect and non-interference in the internal Affairs of other countries. Support the establishment of international relations of a new type in the spirit of cooperation and mutual benefit on the background of increased activities of international terrorist organizations”, – said Li Keqiang.

“We must use the SCO to build a strong impenetrable wall for security cooperation in the without leaving the slightest loophole infringers regional stability and making reliable guarantee of the member States of the SCO in security and political security and social stability,” said Premier Wen.

He noted the need to concentrate work in the area of “strengthening cooperation platform in the field of security”. “Security and stability is the root and support for the development of the territories of the SCO countries, which occupy two-thirds of the Eurasian continent, – said Li Keqiang. – Member States of the SCO is the main force of peace and development in the Eurasian region”.

On infrastructure development

Also a senior representative of China stressed the need for cooperation in the sphere of development of production capacities of the member countries of the Organization. One of the main tasks is the construction of infrastructure and increase productivity.

“Member States of the SCO have great resource potential. China is ready, combining their technological capabilities with the needs of development of the countries of the region, to provide competitive production equipment and Contracting services (economies of the SCO countries – approx.TASS). We could, together, build factories, produce and processing, creating new jobs,” – said Li Keqiang.

As an example, he cited the intergovernmental agreement between China and Kazakhstan in the field of development of productive capacities, creation of Fund for industrial cooperation preparation of a list of 52 priority projects, in particular in the field of Assembly of cars and production of polypropylene. In addition, according to the Premier of the PRC state Council, projects in the field of pharmaceuticals, metallurgy and others.

Single transport network for Europe and Asia

In addition, Li Keqiang stressed the necessity of creating a single transport network that connects Europe and Asia. “If the road is open, the door to wealth open,” he said, Recalling that countries of the SCO signed an agreement on the creation of favorable conditions for international road transport is now being developed a programme of coordinated development of highways in the region.

Interview

“In the end, it is necessary to create unified transport network across the Eurasian continent to host the Central Asian region”, – summed up the Prime Minister of the state Council of the PRC.

“Act for the settlement of international conflicts by peaceful means, respecting the principles of mutual respect and non-interference in the internal Affairs of other countries. Support the establishment of international relations of a new type in the spirit of cooperation and mutual benefit on the background of increased activities of international terrorist organizations”, – said Li Keqiang.

“We must use the SCO to build a strong impenetrable wall for security cooperation in the without leaving the slightest loophole infringers regional stability and making reliable guarantee of the member States of the SCO in security and political security and social stability,” said Premier Wen.