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New treaty to be signed by SCO important milestone: President Hu
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21:19, August 16, 2007

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The Treaty on Long-term Good-neighborliness, Friendship and Cooperation which is to be signed by the Shanghai Cooperation Organization (SCO) will be an important milestone in the development process of the organization, Chinese President Hu Jintao said in Bishkek on Thursday.

Hu made the remarks when addressing the annual SCO summit, which was held in Kyrgyzstan''s capital of Bishkek.

The treaty "confirms to the long-cherished wish of peoples from all SCO member states to ensure friendship for generations to come and guarantee peace forever," Hu said, adding that it "will give a vigorous impetus to the development of the SCO."

The summit was the seventh meeting among SCO top leaders since it was founded in June 2001.

In each year''s roundtable summit, leaders of the SCO, which now groups China, Russia, and central Asia''s Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, review the work in the past year and blueprint plans on political, economic, security and people-to-people cooperation.

After six years of development, "the SCO has become an effective mechanism for member states to maintain common interests and promote mutually beneficial cooperation," Hu said. He added that the organization has become an important force to maintain long-lasting peace and promote common development.

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