01:38 GMT +316 October 2019
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    Russia Approves SCO Draft Legislation to Facilitate Trade With China

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    According to government press service, Russian Cabinet commission on legislative activities on Tuesday approved a Shanghai Cooperation Organization (SCO) draft bill to create favorable conditions for trade with China.

    MOSCOW (Sputnik) A Russian Cabinet commission on legislative activities on Tuesday approved a Shanghai Cooperation Organization (SCO) draft bill to create favorable conditions for trade with China, the government press service said in a statement.

    "The adoption of the bill will simplify and harmonize procedures and requirements of the SCO member states on international road transport, remove the existing ban on the entry of Russian vehicles to China through the checkpoints on the Kazakh-Chinese border and, as a consequence, increase the trade turnover between Russia and China," the statement read.

    The bill will be debated at a government session.

    The SCO currently comprises Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. The organization seeks to boost economic and trade cooperation among its member states.

    Russia currently holds the rotating SCO presidency.


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