> Menu Item

Shanghai Cooperation Organization 

The National Bank takes part in the activities on the roadmap project implementation to initiate settlements in the national currencies with the Shanghai Cooperation Organization (hereinafter - SCO) member states within the framework of the Kyrgyz Republic membership in SCO. 

In September 2020, the employees of the National Bank participated in the round-table meeting entitled “Developing recommendations for gradual transition to mutual settlements in the national currencies” conducted in a videoconference format and organized by the Ministry of Finance of the Russian Federation in conjunction with the Bank of Russia, during this meeting the current state of mutual settlements between the SCO member states made in the national currencies was discussed, as well as the barriers restraining their development, prospects and ways of expanding these settlements.