The Shanghai Cooperation Organization (SCO) member states have agreed to expand practical cooperation in sustainable investment, according to a statement issued during the SCO Summit 2025 held in north China's port city of Tianjin on Sunday and Monday.
The statement is a concrete step in implementing the SCO Year of Sustainable Development, and demonstrates the member states' commitment to fostering sustainable investment collaboration.
The statement highlights the crucial role of the SCO in driving global economic recovery, ensuring the stability of global industrial and supply chains, and achieving sustainable development goals.
Member states are committed to enhancing the SCO's cooperation mechanisms, developing low-carbon technologies, and leveraging renewable energy to tackle climate change.
They also aim to expand practical cooperation in sustainable investment, share insights and practices for improving business environments, and ensure the sustainability and stability of regional industrial chains.
At the same time, member states acknowledge the essential role of promoting investment and trade facilitation in boosting the development of sustainable investment markets. They are dedicated to maintaining a multilateral trading system that is open, transparent, fair, inclusive, and equitable, based on World Trade Organization rules.
SCO member states to expand practical cooperation in sustainable investment
