In News
- The 21st Meeting of SCO Council of Heads of Government (CHG) was recently held in Nur-Sultan in virtual format under the chairmanship of Kazakhstan.
More about the news
- About:
- The SCO Heads of Government meet is held annually to focus on the trade and economic agenda of the organisation and approves the SCO’s annual budget.
- The SCO-CHG meeting was attended by SCO Member States, Observer States, the Secretary General of the SCO, the Executive Director of the SCO Regional Anti-Terrorist Structure, Turkmenistan and other invited guests.
- India’s stand:
- India’s External Affairs Minister represented India in the meeting.
- In his address, the minister underlined India’s strong cultural and historical connect with the SCO region.
- He reiterated India’s firm commitment towards deepening multilateral cooperation in the areas of
- Food and energy security,
- Climate change,
- Trade and culture.
- He spoke about the launch of the global Mission ‘LIFE’ (Lifestyle for Environment) and its relevance to ensuring food and energy security.
- India on Belt and Road Initiative (BRI):
- The Indian minister reiterated that the Connectivity projects should respect the sovereignty and territorial integrity of Member States and respect international law.
- This was said in a reference to China’s Belt and Road Initiative (BRI).
- The Indian minister reiterated that the Connectivity projects should respect the sovereignty and territorial integrity of Member States and respect international law.
- Trade with SCO:
- As stated by the Indian Minister, India’s total trade with SCO Members is only $141 billion, which has the potential to increase manifold.
- Fair market access, according to him, is to our mutual benefit and only way to move forward.
- The bulk of India’s trade with SCO countries is with China, which crossed $100 billion this year,
- Trade with Russia is less than $20 billion.
- Trade with Central Asian countries is less than $2 billion, and
- With Pakistan it is about $500 million.
- India as Chairperson of the SCO:
- India has taken over as Chairperson of the SCO, and will host leaders of all SCO countries, including China and Pakistan, at a summit in Delhi expected in mid-2023.
Shanghai Cooperation Organization (SCO):
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Significance of SCO for India
- India’s upcoming Presidency:
- India will take over the SCO Presidency in 2023.
- India will also host the upcoming SCO Summit in 2023, which will be held in Samarkand, Uzbekistan.
- Security:
- RATS can help India to improve its counterterrorism abilities by working toward intelligence sharing, law enforcement and developing best practices and technologies.
- Through the SCO, India can also work on anti-drug trafficking and small arms proliferation.
- Regional Integration:
- SCO can help in achieving regional integration and promote connectivity and stability across borders.
- Further, it also helps India to have a multilateral talk with friends like Russia and adversaries like China and Pakistan.
- Geopolitical Advantage:
- Central Asia is a part of India’s Extended Neighbourhood.
- And SCO provides India with an opportunity to pursue the “Connect Central Asian Policy”.
- It will also help India to check on the ever-growing influence of China in Eurasia.
China’s Belt and Road initiative:
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Source: TH
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