Tajikistan Proposes Action Plan To Implement SCO Economic Dev't Strategy

9/14/2024 5:18:59 AM

(MENAFN- Trend News Agency) BISHKEK, Kyrgyzstan, September 14. Tajikistan has proposed developing an action plan for implementing the Shanghai Cooperation Organization's (SCO) Economic Development Strategy to 2030, the Ministry of Economic Development and Trade told Trend .

This proposal was made by Minister of Economic Development and Trade, Zavqi Zavqizoda, during the 23rd meeting of SCO member states' ministers of Economy and trade.

“SCO countries account for nearly half of the world's population and 27 percent of global GDP, making the region a massive market with significant opportunities. In this context, Tajikistan initiated the development of the SCO Economic Development Strategy to 2030, which has been adopted by the member states,” Zavqizoda said.

He suggested that participants develop an action plan to implement the strategy, focusing on areas such as the digital economy, green energy, e-commerce, large infrastructure projects in the energy and transport sectors, and innovative fields. He also highlighted the use of Tajikistan's extensive transit potential.

The minister emphasized that Tajikistan views cooperation within the SCO as a priority for its foreign policy. As a result, trade turnover between Tajikistan and SCO countries has shown consistent growth, with over 70 percent of Tajikistan's foreign trade conducted with SCO member states.

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