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Credit: Reuters/Mark Ralston/Pool BEIJING | Wed Jun 6, 2012 10:21pm EDT BEIJING (Reuters) - Chinese President Hu Jintao said on Thursday that Beijing will offer $10 billion in loans to the member states of the Shanghai Cooperation Organisation. The SCO, founded in 2001, includes China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. Iran, India, Pakistan and others attend the summits, but not as full members. "China has decided to give to the other member states $10 billion in loans," Hu said in a speech broadcast on state television. He did not elaborate on how the funds would be used. At an SCO summit in June 2009, Hu offered Central Asian states $10 billion of credit to help counter the global economic slump. Hu said previously that China would "continue providing member states with concessional loans". It is unclear how much money from that past commitment was dispersed. (Corrects fourth paragraph to note Hu said "previously", not on Wednesday, that China would continue providing loans to member states) (Reporting by Sui-Lee Wee; Editing by Ken Wills) World Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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