SME Times News Bureau | 15 Oct, 2021
In
the 20th Meeting of SCO Ministers responsible for Foreign Economy and
Foreign Trade held late Thursday and hosted by the Republic of
Kazakhstan, the Minister of State (MoS) for Commerce and Industry Anupriya Patel, in her intervention, stressed on the need for effective
cooperation between SCO Member States for a balanced and equitable
growth in trade and commerce.
She
proposed for creation of a new Special Working Group on Startups and
Innovation and for setting up a new Expert Working Group on Cooperation
in Traditional Medicine.
She
also stated that cooperation in the field of start-ups & innovation
can be a focal point in reviving our economies from the consequences of
the pandemic. With this in mind, she invited all SCO Member States to
take part in the 2nd Start-up Forum on 27-28 October 2021, to be hosted
by India.
MoS
highlighted that there is a significant gap in digital technologies
between developed ang developing countries which needs to be narrowed
down by building digital capacities.
On the environment issues she
welcomed the need for environment protection and mitigation of adverse
effects of climate change, she also stressed that the climate agenda
should not introduce measures which becomes unnecessary barriers to
trade.
In
her concluding remarks, Anupriya Patel emphasized that SCO members
must prepare, act and stand in solidarity with each other and pursue an
agenda that is equitable and inclusive and development oriented.
The
virtual meeting was attended by the Secretary General of SCO and Heads
of Delegations of China, Kyrgyzstan, Kazakhstan, Pakistan, Russia,
Tajikistan and Uzbekistan.