News with the tag "Shanghai Cooperation Organization"

Russian President Vladimir Putin marked the 75th anniversary of the People’s Republic of China by praising the solid partnership between Russia and China. He emphasized the resilience of their economic relationship and increasing trade despite international challenges. Putin also highlighted the sig...

In four days, representatives from the BRICS nations and the Eurasian Economic Union free trade group are set to convene to explore the possibility of integration with the Shanghai Cooperation Organization (SCO), as revealed by a recent russia-briefing.com report. The report emphasizes the formation...

According to Russian Foreign Minister Sergey Lavrov, efforts to transition to national currency trade in the Shanghai Cooperation Organization (SCO) are unstoppable. The top diplomat from Moscow also discussed a similar initiative within the BRICS group during a meeting in India. Lavrov: Adoption of...

The Shanghai Cooperation Organization (SCO) plans to abandon the US dollar in favor of member countries’ national currencies for mutual payments. In an interview with Belarus 1 state TV channel, Grigory Logvinov, the bloc’s Deputy Secretary General, stated that a roadmap for this transition is under...

A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation Organizati...