Pakistan proposes to establish SCO Development Bank

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Pakistan has proposed to establish Shanghai Cooperation Organization Development Bank for development of member states on the footprints of International Financial Cooperation.

The proposal was put forth by Minister for Industries and Production, Makhdum Khusro Bakhtyar while addressing the Industrial Ministerial Conference of SCO member states through video link.

The Minister also proposed to energize SCO business council for greater integration of business and industries in the region.

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