New Opportunity
Business India|June 19 2017

India gets SCO membership

Rakesh Joshi
New Opportunity

The Shanghai Co-operation Organisation (SCO) was founded at a summit in Shanghai in 2001 by the Presidents of Russia, China, Kyrgyz Republic, Kazakhstan, Tajikistan and Uzbekistan, as a counterweight to NATO. As a Eurasian political, economic and security organisation, SCO serves as a critical geopolitical pole, focussed on central Asia and its neighbourhood. The sco had set the ball rolling to make India a member of the bloc during its summit in Ufa in Russia in July 2015, when the administrative hurdles were cleared to grant membership to India and Pakistan. This was seen as a balancing act, as Russia had then favoured permanent sco membership for India, while China pushed for Pakistan. Till now, India has been an observer at the SCO since 2005, participating in the ministerial-level meetings of the grouping, which focus mainly on security and economic co-operation in the Eurasian region.

This story is from the June 19 2017 edition of Business India.

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This story is from the June 19 2017 edition of Business India.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.