![]() ![]() According to Asian Development Bank (ADB) in 2017-18 India’s growth rate in the next fiscal will reach 7.4 -7.6%, staying ahead of China. India and Pakistan both are strategically important actors in the region. Obviously, the entry of India and Pakistan into the SCO certainly turns this organization into a full-fledged and powerful Eurasian League. Besides it increases number of nuclear-weapon states from two to four which bring a significant change in the balance and prestige of the organization. SCO includes 8 member-states, four observer-states and six dialogue-partner states, altogether with the population of 3 bl., that is, closer to half the world’s population and nearly 20% of the world’s GDP. The inclusion of these two states has not only add the number of the members from six to eight states and geographical expansion of two continents (Eurasia) and three oceans (Indian, Pacific and Arctic Oceans) but also has given all of the members equally new economic opportunities. to the maintenance of regional peace, security and stability.ĭuring the Astana summit on June 8-9th, for the first time since its formation the Shanghai Cooperation Organization officially extended full membership to India and Pakistan. The main goals of the SCO range from promoting good neighborly relations and mutual cooperation in spheres of economy, education, energy etc. ![]() The Shanghai Cooperation Organization (SCO) started in 2012 as a multiple organization of its original member-states such as China, Russia, Kazakhstan, Uzbekistan, Tajikistan and Kyrgyzstan. ![]()
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