Lukashenko urges SCO development bank and digital space at Bishkek summit
This digest was compiled by AI from multiple sources — links to the originals are below.
Belarusian President Alexander Lukashenko called on the Shanghai Cooperation Organization to accelerate creation of a development bank and a unified digital space during the SCO summit in Bishkek. He also proposed increasing national currency use in mutual settlements and establishing a SCO scientific fund. Lukashenko framed the initiatives as steps to strengthen the bloc's role as a pillar of Eurasian stability.
Key Facts
- Lukashenko called for the swift establishment of a SCO Development Bank to strengthen economic ties and regional financial sovereignty.
- He proposed increasing the share of national currencies in mutual settlements to build immunity against global challenges.
- Belarus supports the creation of a unified, open, and secure digital space for the SCO.
- Lukashenko named security as the first priority, calling for a new Eurasian security architecture.
- He also proposed establishing a SCO scientific fund as part of humanitarian cooperation.
Economic and Financial Initiatives
Lukashenko urged the SCO to accelerate the creation of its Development Bank, arguing it would add resilience to economic ties and strengthen the region's financial sovereignty. He welcomed measures to increase the share of national currencies in mutual settlements, describing them as a way to build immunity for SCO monetary systems against global challenges. The Belarusian leader said joint initiatives should deliver concrete results, improve public welfare, and promote cohesion among member states.
Security and Digital Cooperation
Lukashenko identified security as the first area of joint work, stating that the response to modern challenges should be the formation of a new security architecture in Eurasia. He called for the creation of a common space of trust and cooperation across the region. Belarus supports the swift creation of a unified, open, and secure digital space for the organization, citing the rapid development of information technologies.
Humanitarian and Scientific Cooperation
Lukashenko named the humanitarian sphere as the third direction of cooperation and proposed establishing a SCO scientific fund. He said the SCO should strengthen its role as one of the key centers of the emerging multipolar world order amid growing international conflicts.
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Lukashenko urges SCO development bank and digital space at Bishkek summit
