The SCO generated 11% of the entire volume of exterior foreign investment. Nearly 600,000 new enterprises have been registered, and that’s without China. The amount of gold and currency reserves nears USD 4 trillion. Despite the fact that not all member states report a cash surplus, the overall trade balance amounts to USD 193 billion. Export of goods in the SCO countries’ GDP exceeds 23%. All of the above point to enormous economic potential of the SCO zone — Rashid Alimov, SCO Secretary-General.
The SCO countries make up two thirds of Eurasia. 3.2 billion people or 44% of the world’s population live there. It’s the largest transregional organization in the world. After India and Pakistan joined the organization, the regional character turned global — Rashid Alimov, SCO Secretary-General.
The SCO countries possess 17% of all global oil deposits and 40% of gas. Pakistan joined the organization, and this is very important for us — Syed Mazhar Ali Nasir, Senior Vice President, The Federation of Pakistan Chambers of Commerce & Industry (FPCCI).
According to the World Bank, 2 billion economically active people reside in the SCO countries. All the technological clusters, all sorts of natural resources are present there. The combined GDP in 2016 amounts to USD 15 trillion, or 21% of the global volume. Overall commodity turnover amounts to USD 6 trillion or 13% of the global number. Average GDP in SCO countries amounted to 4.84%, almost double the rate around the world — Rashid Alimov, SCO Secretary-General.