SHANGHAI COOPERATION ORGANISATION

SCO emerged from Shanghai Five (China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan) which was founded in 1996 after demarcation of China’s borders with the four newly independent States

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Context:
          India and Pakistan joined Shanghai Cooperation Organisation
What is Shanghai Cooperation Organization? SCO emerged from Shanghai Five (China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan) which was founded in 1996 after demarcation of China’s borders with the four newly independent States that appeared after the collapse of Soviet Union in 1991. Shanghai Five was established to continue the momentum of friendship in the post-settlement phase. This was transformed into SCO with induction of Uzbekistan at Dushanbe in 2000.
What are the objectives of SCO?
              It was created with an aim to strengthen mutual confidence and good-neighborly relations among the member countries.

The main objectives of the SCO are to (i) strengthen relations among member states; (ii) promote cooperation in political affairs, economics and trade, scientific-technical, cultural, and educational spheres as well as in energy, transportation, tourism, and environmental protection; (iv) safeguard regional peace, security, and stability; and (v) create a democratic, equitable international political and economic order.

Working Procedure of the SCO The Heads of State Council (HSC) is the highest decision-making body in the SCO.

It meets annually to take decisions and give instructions on all important issues of SCO activity. SCO has two permanent bodies – the Secretariat in Beijing and the Regional Counter-Terrorism Structure in Tashkent. SCO Secretary-General and RCTS Executive Committee Director are appointed by the HSC for a period of three years.

The official working languages of the Shanghai Cooperation Organization are Chinese and Russian. The SCO member states occupy a territory of around 30 million 189 thousand square kilometers, which makes up three fifths of the Eurasian continent. Member nations have a population of 1.5 billion, which makes up a quarter of the planet’s population.

Why India has been included in SCO? Membership of India will add further heft and muscle to the Organization particularly in the backdrop of continuing weak international economy. India today is the fastest expanding global economy with annual GDP growth of 7.5%. It represents the third largest economy (USD 8 trillion) in PPP terms and seventh largest (USD 2.3 trillion) in nominal dollar terms. It inspires confidence on other indicators like FDI, inward remittances, savings rate, the pace of economic reforms etc. Its large market, favourable demographics and technological prowess augur well for economies of the world as well as of the grouping. Its growing energy demand will provide an assured market to resource-rich Central Asia and Russia.
What are the benefits of it to India? 1. India will get an opportunity to play its due role in stabilising the situation in Afghanistan which is assuming disturbing proportions on account of expanding the power of Taliban.

2. India’s membership will provide a welcome opportunity to Indian Prime Ministers to meet with Presidents from Central Asia regularly and frequently. India’s potential participation in the Eurasian Economic Union (EEU) will be an added advantage to make this partnership more fruitful.

3. Central Asia represents the ‘’near-abroad’’ for Russia. Both India and Russia can collaborate to reciprocal benefit in all above areas. India’s development experience particularly in promoting agriculture, SMEs, pharmaceuticals, IT etc can be of immense benefit to these countries.

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