Over Rs 590 Cr Trade Interest Generated At SCO Conference & Expo On Traditional Medicine: Govt

The trade interest of over Rs 590 crore was generated at the first Shanghai Cooperation Organisation (SCO) conference and expo on traditional medicine in Guwahati, the Ministry of Ayush said on Sunday.

"An incremental trade interest of over Rs 590 crore was generated during the two days of intense meetings among the buyers and sellers at the conference," the ministry said in a statement.

Union Minister of Ayush and Ports, Shipping and Waterways Sarbananda Sonowal said that while this marks the immediate success of the Expo, the conference also laid the foundation for further interaction and expansion of cooperation among the states under the SCO initiative.

"While the scope of trade in the Ayush market remains buoyant, the event helped expand its horizon to a wider international audience with a noble aim to provide an enriched quality of life with the help of traditional medicine," he added.

Sonowal stated that this is a huge shot in the arm for the Indian Ayush market as this event provided the platform to further the trade potential among the SCO member states for improving the quality of lives of people.

Meanwhile, India assumed the Presidency of the SCO council of heads of state for the year 2023 on 17 September 2022 at Samarkand in Uzbekistan. Also, PM Narendra Modi at the SCO summit at Samarkand has remarked that India would take the initiative for a new SCO expert working group on traditional medicine.