SCO Can Become a Guide to Inclusive World Order: PM

India Refuses to Endorse Declaration Supporting China's Ambitious BRI

- Archis Mohan

The member states of the Shanghai Cooperation Organisation (SCO) agreed to a Chinese proposal to set up a new development bank, and in their joint declaration, issued after the summit concluded on Monday, opposed unilateral coercive measures and vowed to facilitate trade within the group.

In his two speeches at the summit, Chinese President Xi Jinping called for the bloc to oppose "bullying practices", which was a veiled swipe at the US, and said the grouping has grown into the world's largest regional organisation. He said the SCO's "international influence and appeal are increasing day by day".