📋 Tender Overview
DEPUTY Minister for Finance and Revenue Daw Than Than Lin and her delegation attended the fifth Consultation on the Shanghai Cooperation Organization Development Bank (SCOB) held in Hangzhou, the Peoples Republic of China, from 14 to 16 September.
The meeting was co-chaired by Mr Min Liao, Deputy Minister of Finance of the Peoples Republic of China, and Mr Aslam Chaudhary, Minister of Commerce of the Embassy of Pakistan in the Peoples Republic of China.
At the meeting, the Interim Secretariat reviewed the draft MoU on the Establishment of the Shanghai Cooperation and Development Bank, the share allocation, voting rights and decision-making procedures, the procedure for capital contribution to the bank, as well as Mr Jingdong Hua, who served as Vice-President of the World Bank, discussed the Concessional Window and the Future Work Plan on the financial operations of international development banks and the practical implementation of financial innovation by the Industrial and Commercial Bank of China (ICBC). The attendees had a lively discussion.
The meeting was attended by Deputy Ministers of Finance, Vice-Governors of Central Banks and officials from 29 countries, including ASEAN member countries Cambodia, Laos, Myanmar, Indonesia and Vietnam.
The deputy minister and her delegation departed from Hangzhou, Peoples Republic of China, on the morning of 17 September and returned to Yangon in the evening.
MNA/MKKS
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