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To get things done. So, in order for cooperation within the sco to develop, it is necessary to remove barriers and build a common Payment System system. This is russias proposal. For mutually beneficial economic cooperation, it is necessary to further eliminate legal and administrative barriers and at the same time build a modern payment infrastructure. We are increasingly using our own currencies in calculations; it would be worth thinking about forming an independent one. Regional payment and settlement mechanism, as well as to ensure the conversion of our currencies on national exchanges. A Payment System common to the sco would allow for an even greater increase in trade. As Mikhail Mishustin said, only for 7 months of this year, russias trade turnover with other countries of the organization amounted to about 16 trillion rubles, despite the fact that last year the trade was 18. 5. Well, to understand, all trade transactions between the sco states last year amounted to 500 billion.

Payment systemEven greaterMikhail mishustinCountries organizationPrime ministerField energyEnergy developmentIslamic republicOil gasFund jointFinancing oilOil gas projectsGas projectsFirst stageShanghai energyShanghai cooperation organization