Iran’s SCO Development Bank proposal will facilitate trade within organization: Araghchi

Tehran, IRNA – Iran’s Foreign Minister Abbas Araghchi says that expanding economic cooperation and developing shared infrastructure are among the key priorities for the Shanghai Cooperation Organization (SCO), adding that Iran’s proposal to establish an SCO Development Bank could provide the necessary financial and monetary infrastructure to facilitate trade and investment among member states.

Localisation: Tehran, Iran, Middle East
Source: IRNA English (Official)
Categorie: economy
Date: Sat, 25 Jul 2026 07:15:10 GMT