Shanghai Cooperation Organisation (SCO) and Global South strategic cooperation

coolgod

Major
Registered Member
So, is this entire visit to Kazakhstan just about giving them a security guarantee against the Russians?

bummer, I was expecting some movement regarding BRI, digital BRI or financial BRI here.
I was slightly disappointed too, maybe the BRI stuff is for next year, then 10th anniversary. Xi's visit to Kazakhstan was short, apparently just 3 hrs, so probably not much other closed room deals signed.

The SCO summit is Xi's main visit, big things will happen there.
 

Abominable

Major
Registered Member
India and Pakistan are both in, why the heck not. In fact they can bring in both Koreas. It is pretty much a joke of an organization anyway but if that’s how Russia wants it, fine by me.
Having just Pakistan in would make the organisation an anti-Indian one, and India would probably join NATO or it's equivalent. There are a lot of things India and China can cooperate on indirectly, like the Ukraine situation.

It's like when America wanted Turkey to join NATO so they could station missiles there but had to let Greece join too to stop them squabbling.

If Indians do decide to go full NATO, they get kicked out of the SCO.
 

Strangelove

Colonel
Registered Member
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Iran given roadmap for joining Russia and China in major bloc​

Tehran has signed a formal commitment to become a full member of the Shanghai Cooperation Organization

Iran given roadmap for joining Russia and China in major bloc

Iranian President Ebrahim Raisi in Samarkand, Uzbekistan. © Sputnik / Alexandr Demyanchuk

Iran has signed a memorandum paving the way to transition from its current observer status to full membership of the Shanghai Cooperation Organization (SCO).

The Middle-Eastern nation, which the US has long sought to undermine with diplomatic isolation and economic sanctions, made a formal step on Thursday to become the ninth member of the organization. Among the SCO’s heavyweights are Russia and China, two major powers that are on Washington’s list of geopolitical opponents.

The SCO was created in 2001 as an intragovernmental forum aimed at fostering trust and developing economic and humanitarian ties in Asia.

It currently has eight permanent members: China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan, and Uzbekistan. The last is currently hosting the annual summit of the leaders of the member states in the city of Samarkand.

Iran has been an SCO observer since 2005. Its delegation to the summit is headed by President Ebrahim Raisi, who met with senior Uzbek officials on Wednesday.

The memorandum, which spells the commitments that Tehran will undertake to become an SCO member, was signed by Iranian Foreign Minister Hossein Amir-Abdollahian and SCO Secretary-General Zhang Ming, the host country's foreign ministry reported.

Yury Ushakov, a foreign affairs advisor to Russian President Vladimir Putin, said earlier this week that Iran could qualify for being upgraded to full membership before next year’s SCO summit in India.

Uzbek President Shavkat Mirziyoyev touted this year’s event as a turning point for the organization. He cited the rapidly growing interest of nations in closer involvement with the SCO and said that it served as an example of how a “deep crisis of trust at the global level” can be overcome by parties willing to do so. He also stressed the scale of the group, which accounts for roughly half of the world’s population and a quarter of global GDP.

Belarus, also an SCO observer, is set to start the formal process for full membership this year. Egypt and Qatar formally joined the organization as dialogue partners on Wednesday. Saudi Arabia is scheduled to do the same, while Bahrain, Kuwait, the UAE, Myanmar, and the Maldives are expected to begin their respective paths to receiving the same status.
 

tphuang

Lieutenant General
Staff member
Super Moderator
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Not exactly to the level I was hoping, but it is what it is. Let's see how much sooner they can move to local currencies
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said "interested SCO member states" had agreed a "roadmap for the gradual increase in the share of national currencies in mutual settlements", and called for an expansion of the practice.

Outside of this, Bangladesh is allowing overseas payment in CNY and hopefully with greater adoption of CIPS.
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The MCCI suggested the Chinese Yuan, RMB (Renminbi), as the second international currency instead of the dollar, as Bangladesh imported most from China, which is also the country's largest trade partner, and also for the reason that China recently introduced a cross-border interbank payment system with RMB as an alternative trading currency.
 
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