India hosted the nineteenth Meeting of the Shanghai Cooperation Organisation (SCO) Ministers of Foreign Economy and Foreign Trade. The digital assembly was held below the Chairmanship of Union Minister of Commerce and Industry of India Shri Piyush Goyal. It was attended by the Secretary-General of SCO Vladimir Norov and Ministers from Kyrgyz Republic, China, Kazakhstan, Pakistan, Russia, Tajikistan and Uzbekistan.
The assembly concluded with the adoption of the next 4 paperwork:
- Statement on the response to Covid-19: It highlights the necessity for higher cooperation for entry to medicines and facilitation of commerce.
- Statement on the Multilateral Trading System of Ministers of SCO Countries who’re WTO Members: It highlights the significance of the rules-based multilateral negotiations.
- Statement on SCO Cooperation on Intellectual Property Rights (IPR). It pertains to the cooperation of mental property and embrace sharing info/expertise on laws and enforcement, cooperation in worldwide organisations and different areas.
- Action Plan for Implementation of MOU to stimulate cooperation inside the framework of SCO within the area of MSMEs. It appears to be like on the variety of areas of cooperation amongst MSMEs, together with the alternate of knowledge, organisation of occasions and collaboration on analysis and capability constructing.
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