At SCO, Dar calls for promoting use of national currencies to help offset global economic shocks

Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday encouraged members of the Shanghai Cooperation Organisation (SCO) to use national currencies for “mutual settlement” and establish other financial mechanisms to “offset international financial shocks”. He made the remarks while addressing the SCO Council of Heads of Government (CHG) meeting in Tajikistan’s capital Dushanbe, where he arrived a day earlier. The CHG is the SCO’s second-highest decision-making body and provides guidance on economic, financial, trade, connectivity and socio-economic cooperation, as well as the…