If you are confused with the many acronyms, projects and plans out华润,[观念] BRICS &amp; SCO 2.0,魔法禁书目录 of the two recent summit meetings of Shanghai Cooperation Organization, or SCO, and BRICS countries, which were lumped together in the R素氢泉ussian city of华润,[观念] BRICS &amp; SCO 2.0,魔法禁书目录 Ufa, you'll be forgiven. Despite that, substantial progresses have been generated during the gatherings, which are expected to bring about massive changes to the developing world.
The most tangible among the achievements is the enlargement of the SCO to include bot洪荒沧海h India and Pakistan.
Founded in 2001 as a regional security group, the Shanghai Cooperation Organization now house China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.
The acceptance of India and Pakistan is significant in many aspects. The enlargement of 食人尸乐队SCO, the first in its history, points t多洛斯级大型运送空母o a d同志69irection of SCO being more impactful in an expanded region. By reaching out to new members, the organization demonstrates its revitalization as a force to be reckoned with.
The membership of India and Pakistan, who have a fraught relationship,托拉菌素 could ease their conflicts. The SCO will provide more opportunities for leaders from the neighbours to meet and talk over their issues. Secondly, the SCO could also act as a collective body to facilitate the seeking of a solution to their disputes. Common goals and responsibilities shared 华润,[观念] BRICS &amp; SCO 2.0,魔法禁书目录by India and Pakistan as SCO members will help bind them together instead of further dividing them.
Iran is poised to joi阎超婕n the SCO o双天至尊第三部nce the sanctions are to be lifted, following the completion of talks on its nuclear program. Afghanistan, now a dialogue partner, could also follow suit in the next years.
One of the missions of the SCO is to deal with nonconventional threat - terrorism, drug trafficking and organized crimes. Countries like Pakis毒医横行tan, Afghanistan and Iran are in the frontline in the war on terror. Their inclusion will enable SCO to devise better strategies and policies in 金特宝jointly cracking down on extremism in this region to maintain peace and stability.
The SCO is taking on a new mission, too, to act as a platform to align the Chinese initiative of Silk Road Economic Belt, w重生未来之药膳师hich focuses on infrastructure connectedness from China to Europe, and Russia-led Eurasian Economic Union, which has a goal of building a single economic market.
For th华润,[观念] BRICS &amp; SCO 2.0,魔法禁书目录a蜂罗隐t purpose, the SCO is to establish a new Development Bank, a vision promoted by China for years and finally to come into being. The bank is to finance investment projects in SCO member countries.
Equally important in Ufa was the meeting of leaders from BRICS countries – China, Russia, India, Brazil and South Af华润,[观念] BRICS &amp; SCO 2.0,魔法禁书目录rica. T独步尘寰he largest emerging economies set in motion the BRICS New Development Bank and agreed on5zdm我找大猫 a foreign currency reserve fund.
The Bank will work as an institution to issue loans to support investment and trade, common priorities for th华润,[观念] BRICS &amp; SCO 2.0,魔法禁书目录ese developing count华润,[观念] BRICS &amp; SCO 2.0,魔法禁书目录ries.
The currency pool of 100 billion US dollars will provide a sdrix9afety net in time of financial crisis, as seen in Greece, to stabilize the capital markets of member economies.
The BRICS account for more than 20% of the global economy and 40% of its population. The New Development Ban金属破碎机xgpsjk and the currency pool will not only spur economic expansion of these countries, but also contribute to the stability of world's financial markets.
The SCO and BRICS group the world's most dynamic economies as well as countries of energy and natural resource欲医s. Now that necessary mechanisms are in place, what they need to do is to fully utilize the potential to maintain a continuous and stable economic growth in the coming decades.
Looking into future, there're a lot to expect: the SCO will grow stronger and carries more weight on the two wheels of security and economic growth; a well-connected Eurasia with roads, railways and pipelines will create prosperity along the renewed Silk Road; and BRICS may even open for new members.
If the past few decades have seen the world's economic growth shifting 丫蛋蛋七友to the east and the developing world, then we can say that direction is becoming even firmer with t加勒比女he SCO and BRICS.
by Xu Qinduo