Atambayev proposed the creation of a SCO Bank with an office in Bishkek

© RIA Novosti / Alexei Nikolskiye in Photobacterium of Kyrgyzstan Almazbek Atambayev at the meeting of the Council of heads of member States of the Shanghai cooperation organization. 9 Jun 2017Atambayev proposed the creation of a SCO Bank with an office in Bishkek© RIA Novosti / Alexei Nikolskiye the image Bank

President of Kyrgyzstan Almazbek Atambayev has declared that insists on the creation of the Bank of the Shanghai cooperation organization (SCO) with headquarters in Bishkek.

«Kyrgyzstan was one of the founders of the SCO, and our priority remains the establishment of the Bank of the SCO. We insist that the Bank was established and its head office is located in Bishkek,» — said Atambayev at the SCO summit held in Astana. His words passes on Friday Agency Sputnik Kyrgyzstan.

At the end of last year, acting then the acting Prime Minister of Kyrgyzstan Sooronbai of Jeenbekov said that the Kyrgyz side considers important the involvement of the business and financial communities of the countries-participants of SCO in the implementation of projects of the organization. According to him, Kyrgyzstan also considers key acceleration solution to the question «the approval and launch of the development Bank and SCO development Fund».

The SCO is an international organization founded in 2001 by the leaders of China, Russia, Kazakhstan, Tajikistan, Kyrgyzstan and Uzbekistan. In June 2016 at the summit in Uzbekistan signed a Memorandum on the membership of India and Pakistan. At the SCO summit in Astana, India and Pakistan will become full members of the organization.