Economics
SCO Currency Consensus
An article on the transition of SCO countries to settlements in national currencies, Uzbekistan's position, and the prospects for the growing role of the yuan while maintaining a multi-currency model.
SCO Currency Consensus
On expanding the use of national currencies in mutual trade and investments, the issue of expanding the use of national currencies in mutual trade and investments is occupying an increasingly prominent place on the agenda of the Shanghai Cooperation Organisation (SCO); however, at the official level, the SCO member states are not discussing a transition to settlements exclusively in Chinese yuan. In all final documents of the organisation, a more neutral formulation is used, which provides for the development...