China has decided to allocate to States of the Shanghai cooperation organization $ 5 billion to Finance joint projects. This was stated by the President of China XI Jinping in Dushanbe at the meeting of the Council of the SCO, reports ITAR-TASS. We are talking about economic cooperation Fund "China-Eurasia", the initial capital of which amounts to a billion dollars.
In 2012, China announced the creation of the SCO development Bank with an authorized capital of $ 10 billion. But in the end to agree on funding the organization failed, primarily because of the unwillingness of Russia to bear the costs.
Collective lending mechanism within the organization is not yet available, but China is actively lending to other States of the organization directly. A large part of the loans are mainly commodity countries, they bought Chinese equipment and other goods.
The Shanghai cooperation organization (SCO), a regional international organization founded in 2001 by the leaders of China, Russia, Kazakhstan, Tajikistan, Kyrgyzstan and Uzbekistan. Observers in the block are Iran, India and Mongolia.
At a gunpowder factory in Kazan there was a fire, one person died, another is hospitalized in critical condition. The fire managed to be localized, however, on the premises continue to be heard claps, presumably, explode the finished product. The fire area has made about 400 square metres.
The fans in the stadium in Krasnodar to obstruct the players of the Russian team, losing team côte d'ivoire in a friendly match. When the players came to the podium to thank the fans for their support, the fans booed the players and shouted to them the word "Shame."
Modern the European Union similar to the Soviet Union of the late period, "when no decision was impossible to make, and the bureaucracy did not consider any national interests," said Vice-speaker of the state Duma Pyotr Tolstoy. In his opinion, the EU policy has no future.