Chinese President Hu Jintao (R) shakes hands with a journalist at the Great Hall of the People in Beijing May 30, 2006. Hu received a joint interview by journalists from the members of the Shanghai Cooperation Organization (SCO) on May 30.  (Xinhua Photo)

    BEIJING, May 30 (Xinhua) -- The Shanghai Cooperation Organization (SCO) has always been an open organization that is not exclusive and targets no third party, Chinese President Hu Jintao said here on Tuesday. 

    Following the principle of openness and nonalignment, the SCO has advocated a new security concept featuring mutual trust and benefit, equality and cooperation, and adhered to the "Shanghai Spirit," said Hu.

    The "Shanghai Spirit" embodies mutual trust and benefit, equality, respect for cultural diversity and a desire for common development, Hu told journalists from the six SCO member states.

    The organization, established in 2001, comprises China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan. Since 2004, it has accepted Mongolia, Iran, Pakistan and India as observers.

    A summit meeting of the heads of the six SCO member states will be held on June 15 in Shanghai. Observers as well as representatives from the countries and international organizations that have established cooperative relations with the SCO will attend.

    Hu said the SCO had official ties with the United Nations, the Association of Southeast Asian Nations, the Commonwealth of Independent States, the Eurasian Economic Community.

    "A growing number of countries have expressed the desire to establish ties with the organization," he said.

    "Experience has shown that the SCO is an important force in safeguarding regional and world peace and stability, enhancing democratization of international relations and promoting regional and world harmony," said Hu.

    "The SCO will continue to take a constructive attitude to seek consensus among the members and work with related countries to maintain regional peace and stability and promote the common development and prosperity of all countries in the region," said Hu. Enditem

Chinese president praises SCO joint anti-terrorism exercises

    BEIJING, May 30 (Xinhua) -- Chinese President Hu Jintao on Monday hailed the joint anti-terrorism exercises conducted by Shanghai Cooperation Organization (SCO) member states, saying they will strengthen the c apability to combat terrorism and maintain regional peace.

    In a joint interview with media representatives from the six member states, Hu said cross-border drugs crime remained one of the major problems facing the SCO.

Chinese president anticipates successful SCO summit

    BEIJING, May 30 (Xinhua) -- Chinese President Hu Jintao said Tuesday that the Shanghai Cooperation Organization (SCO) summit meeting on June 15 in Shanghai is expected to be a complete success.

    "During the summit, the heads of the SCO member states will have in-depth exchanges of views on mutually beneficial cooperation and sign important documents," said Hu in a joint interview in Beijing with media representatives from the six member states.

China to offer $900m loan for SCO member states: President

    BEIJING, May 30 (Xinhua) -- China has basically put in place 900 million U.S. dollars worth of loans for other members of the Shanghai Cooperation Organization (SCO), Chinese President Hu Jintao said here Tuesday.

    The loans were made in the form of preferential buyers credit for SCO member states who buy Chinese exports.

    Established in 2001, the SCO now includes China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan. In 2004 and 2005, the SCO accepted Mongolia, Iran, Pakistan and India as observers.