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An open and innovative Asia for a world of greater prosperity and development” mirrors the vision of SCO for Asia and the world in the wake of protectionist and anti-globalization tendencies, especially in the developed world. It reflects the inclusivity, unimpeded trade and investment, and the grea
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The Shanghai Spirit adheres to the non-aligned, non-confrontational principle that are not targeted at any third parties. Compared to the Cold War mentality, the Shanghai Spirit promotes the new security concept, which has been embraced by member states in SCO and other countries beyond the organiza
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Xi and Putin are scheduled to meet privately, participate in the SCO summit, hold a joint press conference and attend signing ceremonies and cultural activities. They will exchange views on bilateral relations, key areas of cooperation and other international and regional issues of common concern, s
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The Qingdao Summit is the first summit held by the SCO after its membership expansion. The great event marks a milestone in the history of the SCO as it sets the direction and goals for the organization and looks forward to its future.
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Abidjan, Côte d’Ivoire – To strengthen the capital base of local financial institutions and stimulate Africa’s corporate bond market, the African Development Bank has approved a US $10-million investment through its private-sector window in the Africa Financial Sector Deepening Fund being managed by Adventis Ltd as the
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Dancers from the Department of Chinese Classical Dance at the Beijing Dance Academy took the stage first for a performance of the traditional Chinese dance Xianghe Song. The dance's beginnings can be traced back to the Han Dynasty (206BC- AD 220) and involves singing and dancing in step to a drum be
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As we drive back in to the city, it's clear to me that Qingdao isn't just for tourism or trade, but it's really somewhere that people are proud to come from. The most obvious place of this is Beer Street, where Qingdao locals gather for some late night seafood, beer and conversation.
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The Belt and Road Initiative is in line with Russia’s efforts to build the Eurasian Economic Union, said Russian President Vladimir Putin. “These two together will bring very good results,” he added. The Russian President took infrastructure as an example, saying that his country welcomes its Chines
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Tourism is a key area of people-to-people exchanges. Russia has turned into an increasingly popular destination among Chinese tourists, with the number of Chinese travelers visiting Russia in 2017 growing by 24 percent. As important countries along the ancient Silk Road, the SCO member states can jo
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WASHINGTON, June 7, 2018 - The World Bank today approved an International Development Association (IDA)* credit of $30 million (24,4 million ‘Euros) to give direct support to 927 households of nearly 10,000 people in the city of Saint Louis who have already been displaced by coastal erosion or amongst
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Abidjan, Côte d’Ivoire, June 6, 2018 – The African Development Bank approved a US $15-million senior loan to GHL Bank PLC, which focuses on mortgage finance, to enhance its mortgage loan portfolio and help develop an effective affordable mortgage finance sector in Ghana. Ghana’s lower-middle and middle-
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Abidjan, Côte d’Ivoire – To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National Agriculture Investment Plan. Mohamed Zaghloul, Executive Director representing Egypt and Djibouti, said, “The Bank’s support to the development