OREANDA-NEWS. June 23, 2011. Heads of the states of the Shanghai Cooperation Organization (SCO) recommended to speed up implementation of multilateral projects in economic cooperation field, the information communiquй of the organization said.

The document said that the SCO recommended Business Council and Interbank Union of the organization to adopt practical steps to implementation of multilateral projects, assisting to social-economic development of the member states.

The document said the SCO will speed up considering possible mechanisms on financial components of such projects The SCO leader underlined positive result of the Council of ministers responsible for foreign economic and foreign trade activities, Council of agriculture ministers and meeting of the heads of financial control bodies.

The SCO heads said that the practice of organization of the specialized SCO events with use of various international economic fields.

The heads of the SCO member states also underlined importance of developing ties in cultural-humanitarian spheres, protection of environment, science, innovation, healthcare, tourism, sport and other areas.

The SCO leaders held their summit in Astana, Kazakhstan, on 15 June. The summit marked the 10th anniversary of the organization.