During the Shanghai Cooperation Organization Tianjin Summit, the "Declaration of the Shanghai Cooperation Organization Member States on Strengthening Investment Cooperation in the Field of Sustainable Development" was adopted.
Recently, the Shanghai Cooperation Organization Tianjin Summit was successfully held. During the summit, the "Declaration of the Member States of the Shanghai Cooperation Organization on Strengthening Investment Cooperation in the Sustainable Development Area" was adopted. The declaration is a specific measure to implement the "SCO Sustainable Development Year" and fully reflects the positive willingness of member states to engage in sustainable investment cooperation.
The declaration emphasizes that the SCO plays an important role in promoting global economic recovery, maintaining the stability of global industrial and supply chains, and achieving sustainable development goals. Member states are willing to continue to improve the SCO cooperation mechanism, develop low-carbon technologies, utilize renewable energy to address the impact of climate change, expand practical cooperation in sustainable investment areas, exchange experiences and best practices to improve the business environment, and ensure the sustainability and stability of regional supply chains.
At the same time, member states recognize the important role of promoting investment and trade facilitation in promoting the development of sustainable investment markets, and are willing to adhere to an open, transparent, fair, inclusive, just, and rules-based multilateral trading system based on World Trade Organization rules.
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