Russia’s President Putin proposes SCO “energy club”

DUSHANBE, June 15, Asia-Plus – On Thursday June 15, Russian President Vladimir Putin proposed creating an energy club within the Shanghai Cooperation Organization (SCO) and said Russia could finance some economic projects pursued by the six-nation regional forum, RIA Novosti reported. Speaking at the SCO”s annual heads-of-state summit, Vladimir Putin said: “I believe that creating […]

Asia-Plus

DUSHANBE, June 15, Asia-Plus – On Thursday June 15, Russian President Vladimir Putin proposed creating an energy club within the Shanghai Cooperation Organization (SCO) and said Russia could finance some economic projects pursued by the six-nation regional forum, RIA Novosti reported.

Speaking at the SCO”s annual heads-of-state summit, Vladimir Putin said: “I believe that creating a SCO energy club is a pressing issue, as is more intensive cooperation in transport and communications.”

“Russia is considering financing some projects in the economic sphere,” he said, adding that the forum had the “appropriate organizational and legal structure” to advance lucrative economic projects.

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