Details of the SCO Finance Forum and BRICS Business Council are disclosed in Ufa

UFA, 23 June 2015. /Bashinform News Agency, Arthur Basyrov/. In Ufa, details of the SCO Finance Forum and the BRICS Business Council were disclosed at a press conference in Bashinform News Agency. These events will precede the main Summits. According to the Vice-President of the Chamber of Commerce RB Azat Fazlyev, the first event will be held on July 7-8.

"The forum will bring together representatives of major financial circles. Basically these are the leaders of the nation's largest banks - Development Bank of Kazakhstan, the State Bank of Kyrgyzstan, the State Savings Bank of the Republic of Tajikistan, the National Bank of the Republic of Uzbekistan, and many others. In addition, the representatives of the leading international financial institutions, funds will arrive. All of them will discuss development opportunities in Ufa. Including the issue of the further stage of the BRICS Development Bank will be raised. The Chinese delegation will promote the idea of the SCO bank establishment. Russia will be represented by the Ministry of Finance, the Central Bank. In addition, we will give an opportunity to our financial institutions to participate in the forum", Azat Fazlyev marked.

According to him, the BRICS Business Council will be a protocol event.

"We agreed with the organizers that in addition to the closed part of the event in the afternoon we will hold a meeting of the Board members with our Bashkir businessmen", Azat Fazlyev said.