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.
Turkish President Recep Tayyip Erdogan said that Ankara could revise its stance on the issue of EU membership if Brussels will continue to stall for time. According to him, in case of need a country may hold a referendum at which citizens will speak about future expectations.
The candidate in presidents of France from the "National front" marine Le Pen said that he wants to have peaceful relations with all countries, including USA and Russia. According to Le Pen, she believes that a multi-polar world. "I respect all Nations," she said.
The daughter of the President of the United States Donald trump Ivanka said that did not influence the decision of his father to launch a missile attack on the Syrian air base "Sirat". According to her, he divided her point of view, however, the order to strike "retaliation" was given after consultations at the highest levels in the government.