Leaders and chiefs of delegations that participate the Fourth Meeting of Prime Ministers of the Member States of the Shanghai Cooperation Organization (SCO) pose for a group photo in Moscow, Oct. 26, 2005.

Chinese Premier Wen Jiabao said Wednesday that China is full of confidence in future cooperation among members of the Shanghai Cooperation Organization (SCO).

"The goals set by the organization will surely be realized as long as member states work together and endeavor to implement (agreements)," Wen told a press conference at the conclusion of the fourth conference of the Council of Shanghai Cooperation Organization (SCO) prime ministers.

He described the gathering as a full success.

Wen said the SCO, whose tenets are maintaining world peace, enhancing regional stability and development, is an open organization not targeting any third parties but willing to have close relations with other international organizations.

He urged member countries to strengthen coordination, increase input and take concrete measures to implement economic cooperation agreements.

Wen said that China would train 1,500 technical personnel from SCO members and that the project would need a total of 75 million yuan (about 9.3 million US dollars). China also announced 900 million dollars in preferential export buyer's credit.

The 20-year credit, with an annual interest rate of 2 percent, could be expanded in light of actual circumstances, Wen added.

He stressed that cooperation among SCO members is based on equality, mutual benefit and mutual respect.

Listing insufficient participation by enterprises and lack of capital input as two major problems affecting cooperation within the SCO, Wen called for wider participation by enterprises of member countries and greater input in terms of capital, technology, policy and human resources.

Russia, China and four Central Asian states -- Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan -- are member states of the SCO, which was formed in 2001.

Mongolia joined as an observer in 2004. Iran, Pakistan and India were awarded observer status last June.

Source: Xinhua