"Our countries are increasing the use of national currencies in mutual settlements," Russian President Vladimir Putin said. "Their share in commercial operations involving Russian participants in organizations already exceeded 92% in the first four months of this year."
"Over the past 23 years, the Shanghai Cooperation Organization has emerged as a credible and effective transregional organization," Sharif highlighted. "This is the right time for the SCO to focus on enhancing the utilization of local currencies to foster economic prosperity collectively."
"The growth of trade turnover, both last year and this year, demonstrates that the economies of our countries are actively cooperating, and the fact that mutual settlements in national currencies are also on the rise is gratifying," Aliyev asserted.