10 Jun 2017

Highlights of the 17th Shanghai Cooperation Organization Summit – GK Updates

Highlights of the 17th Shanghai Cooperation Organization Summit – GK Updates
Highlights of the 17th Shanghai Cooperation Organization Summit – GK Updates:
Dear Readers, the 17th Shanghai Cooperation Organization Summit was held recently, Here were have given the important highlights of the 17th Shanghai Cooperation Organization Summit, candidates those who are preparing for the upcoming examination can make use of it.



The 17th Shanghai Cooperation Organization (SCO) Summit has been organaised in Astana, Kazakhstan. The two day summit was organized under the Presidency of Kazakhstan. The theme of the summit is “Future Energy”.

Highlights of the Summit:
·        India and Pakistan become full time members of the Shanghai Cooperation Organization.
·        Russia strongly supports India’s membership whereas China Supports Pakistan’s membership.
·        The inclusion of India and Pakistan into the SCO would mean the addition of another 1.45 billion people, which would make the grouping cover around 40 per cent of the global population.

Background of SCO:
·        The Shanghai Cooperation Organization is a Eurasian political, economic, and   military organization.
·        Earlier it had been known as Shanghai Five, because Uzbekistan was not a member in it. Later in 2001 Uzbekistan joined the group, and they renamed it as the Shanghai Cooperation Organization which was founded by the leaders of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan on June 15, 2001 in Shanghai.
·        The primary motive behind the formation was to ensure stability along the borders.
·        It functions on broadly two parameters,
o   The first being trade, banking, connectivity and energy.
o   Second, the fight against terrorism under Regional Anti-Terrorist Structure (RATS) which includes joint exercises, maintaining a data bank of terrorists and coordination in similar areas.
·        Regional Anti-Terrorist Structure (RATS), which is headquartered in Tashkent and is aimed at promoting cooperation against terrorism, separatism and extremism.
·        SCO considered as a counterweight to the North Atlantic Treaty Organization (NATO).

Main Objectives of SCO:
·        Strengthening mutual trust and neighborliness among the member states.
·        Promoting their effective cooperation in politics, trade, the economy, research, technology and culture, as well as in education, energy, transport, tourism, environmental protection, and other areas.
·        Making joint efforts to maintain and ensure peace, security and stability in the region.
·        Moving towards the establishment of a democratic, fair and rational new international political and economic order.

India’s Benefits after getting full Membership:
·        India has been an observer of SCO since 2005 and has participated in ministerial-level meetings, which focused on security and economic co-operation in the Eurasian region.
·        Becoming a full member of the body will strengthen India’s position in Central Asia. It will also help the country’s aim to regional integration; promote connectivity and stability across borders.
·        India, one of the largest energy consuming countries in the world, is also likely to get greater access to major gas and oil exploration projects in Central Asia once it becomes part of the SCO.
·        Cooperation on counter-terrorism is expected to emerge as a major point of India’s exchange with SCO.
·        Experts say India’s inclusion may even bring down Beijing’s overarching influence over the SCO.
Head Quarters of SCO: Beijing, China.

Member Countries of SCO:
Member Country
Leader
Capital
Currency
Republic of India
Narendra Modi
Prime Minister
New Delhi
Rupee
People's Republic of China
Xi Jinping
President of China
Beijing
Renminbi (Yuan)
Republic of Kazakhstan
Nursultan Nazarbayev
President of Kazakhstan
Astana
Tenge
Russian Federation
Vladimir Putin
President of Russia
Moscow
Rubble
Republic of Tajikistan
Emomali Rahmon
President of Tajikistan
Dushanbe
Somoni
Republic of Uzbekistan
Shavkat Mirziyoyev
President of Uzbekistan
Tashkent
Som

           Islamic Republic of Pakistan
Nawaz Sharif
Prime Minister of Pakistan
Islamabad
Rupee
Kyrgyzstan Republic
Almazbek Atambayev
President of Kyrgyzstan
Bishkek
Som
         

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