The
two-day summit of the Shanghai Cooperation Organization (SCO) kicked
off on Thursday in Dushanbe, capital of Tajikistan, with the possibility
of China joining the Eurasian Development Bank (EADB), anti-terrorism
and expanding SCO membership expected to be high on the agenda, said
analysts.
The 13th annual SCO summit, attended by the leaders of China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, is very likely to see China joining the EADB this time, according to Feng Yujun, director of the Institute of Russian Studies at the China Institutes of Contemporary International Relations.
Feng told Global Times that he believes if China is to join the EADB, it will need to decide on its share and input in the bank as well as the functions it hopes to serve.
But he believes the chances are higher for an SCO-China bank union with China being a key player.
"A lot of the member states are very interested in the idea of establishing the bank, as China will play a key role in it with its economic power," said Feng.
Source and full story: Global Times, 12 September 2014
The 13th annual SCO summit, attended by the leaders of China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, is very likely to see China joining the EADB this time, according to Feng Yujun, director of the Institute of Russian Studies at the China Institutes of Contemporary International Relations.
Feng told Global Times that he believes if China is to join the EADB, it will need to decide on its share and input in the bank as well as the functions it hopes to serve.
But he believes the chances are higher for an SCO-China bank union with China being a key player.
"A lot of the member states are very interested in the idea of establishing the bank, as China will play a key role in it with its economic power," said Feng.
Source and full story: Global Times, 12 September 2014
No comments:
Post a Comment