OREANDA-NEWS. June 15, 2011. Vnesheconombank Chairman Vladimir Dmitriev participated in a meeting of the SCO Interbank Consortium Council in the city of Astana timed to coincide with a meeting of Heads of SCO Member States Council. 

The meeting’s participants discussed issues of their day-today activities as well as the Consortium’s prospective objectives.  They paid particular attention to issues of implementing multilateral projects of great significance for SCO countries’ economies in the following sectors: power engineering, transport infrastructure, state-of-the art technologies.

A Protocol on Introducing Changes to the Regulations on Cooperation with SCO Observer States’ Financial Institutions and the Status of SCO Interbank Consortium Observer Bank was also signed.

The signing of this Protocol would make it possible to engage in the activities of the SCO Interbank Consortium not only financial institutions of SCO observer states but also states with the status of the SCO dialogue partner (Belorussia, Sri Lanka).

The China State Development Bank was elected as Chairman of SCO Interbank Consortium for 2011-2012.