MOSCOW, December 1 (RIA Novosti) - The Russian-Chinese anti-terrorism exercises scheduled for 2007 will be held, not on a bilateral basis, but under the auspices of the Shanghai Cooperation Organization, the chief of Russia's General Staff said Thursday.
"We all have the objective of holding these exercises under the SCO," Yury Baluyevsky said. "These exercises will be aimed at fighting terrorism and eliminating its consequences."
The SCO is a regional security forum founded in Shanghai in July 2001 by the leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Russia and China.
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One of the main achievements of the 6th BRICS Summit was the signing of an official document on establishing a New Development Bank with a declared capital of $100 billion. The creation of the bank is an important step towards institutionalizing BRICS and strengthening its positions in the world in the long run.