Middle East Daily
    Hot News
    Business

    Panasonic debuts next-generation PTZ camera that reduces the burden on shooting sites

    Business

    SBC Summit Malta to Spotlight Next-Gen Tech Driving the Future of Sports Betting

    Business

    SBC Awards Europe: Meet the 2025 Winners 

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Thursday, June 19
    Facebook Twitter
    Middle East Daily
    • Home
    • News

      Loyyal Launches Global Partner Network Across USA & UK for Air India’s Maharaja Club Loyalty Members Unlocking Everyday Everywhere Rewards

      Marugame Udon, World’s largest Udon restaurant chain set to make its grand debut in the UAE

      PRCA Mena launches regional podcast ‘AL SIDQ’ hosted by Conrad Egbert

      Johnson Controls launches OpenBlue workplace in the Middle East

      Aldar joins inaugural Abu Dhabi Infrastructure Summit 2025 as real estate partner

    • Business

      Aramex claps back at scammers with AI-generated fake video campaign

      Investopia to host inaugural Global Talks in Tashkent in 2026 in collaboration with Uzbekistan’s Ministry of Investments, Industry and Trade

      SBC Summit 2025 Adds Latin America & Brazil Track

      ROSHN GROUP launches first phase of sales for ALDANAH, offering 1000+ units for a new way of living in Dhahran

      Loyyal Launches Global Partner Network Across USA & UK for Air India’s Maharaja Club Loyalty Members Unlocking Everyday Everywhere Rewards

    • Technology

      CNTXT AI and Actualize Partner to Launch Dialect-Aware Arabic AI Voice Agent, Targeting GCC’s $2.2B Conversational AI Market

      CNTXT AI and Beam Partner to Tackle the Gulf’s $5.4 Billion AI Agent Opportunity

      Meta AI App goes live in MENA

      CNTXT AI Unveils Munsit: The Most Accurate Arabic Speech Recognition Model

      New York City Dermatologist Brings Revolutionary Hair Loss Treatments to Dubai

    • Lifestyle

      Loyyal Launches Global Partner Network Across USA & UK for Air India’s Maharaja Club Loyalty Members Unlocking Everyday Everywhere Rewards

      Marugame Udon, World’s largest Udon restaurant chain set to make its grand debut in the UAE

      MAIA Luxury: Where heritage meets haute couture in the heart of Dubai

      Discover ‘Central Chidlom: The Store of Bangkok,’  a World-Class Luxury Shopping Experience for Middle Eastern Travellers

      G-SHOCK Launches GA-V01 in the UAE — A Bold New Era for Watch Design

    Breaking News:
    • Aramex claps back at scammers with AI-generated fake video campaign
    • Investopia to host inaugural Global Talks in Tashkent in 2026 in collaboration with Uzbekistan’s Ministry of Investments, Industry and Trade
    • SBC Summit 2025 Adds Latin America & Brazil Track
    • ROSHN GROUP launches first phase of sales for ALDANAH, offering 1000+ units for a new way of living in Dhahran
    • Loyyal Launches Global Partner Network Across USA & UK for Air India’s Maharaja Club Loyalty Members Unlocking Everyday Everywhere Rewards
    • OPEC Fund Development Forum 2025 concludes with new commitments to accelerate global development impact
    • Gulf Air and CFM strengthen LEAP-1A Engine Support for A320neo Fleet
    • Rare $100mln Palm Jumeirah land plot brokered by Dubai Sotheby’s International Realty
    Middle East Daily
    Home » SCO to play increasingly vital role in enhancing regional prosperity
    Business

    SCO to play increasingly vital role in enhancing regional prosperity

    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Nurlan Yermekbayev

    The Shanghai Cooperation Organization (SCO) is a unique international entity that traces its roots back to the Shanghai Five, which was founded by five countries: the People’s Republic of China, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. These nations initially collaborated to foster an atmosphere of trust and stability along their national borders. By the end of the 20th century, having achieved these goals, the leaders of the Shanghai Five decided to extend their cooperation into a fully-fledged international organization.

    Thus, in 2001, in Shanghai, the leaders of six countries signed documents formalizing the creation of the SCO. China’s role within the SCO is particularly prominent and crucial. The organization’s name itself includes “Shanghai,” a major metropolis in China, and its headquarters are located in Beijing.

    In the SCO, there are no big or small states. Today, the SCO family comprises 26 countries: 10 member states, two observer states, and 14 dialogue partners. All these nations adhere to principles of equality, consultation, and constructive problem-solving. This commitment to mutual respect and cooperative development embodies the “Shanghai Spirit,” a unique hallmark of the SCO.

    The “Shanghai Spirit” is built on six core principles defined by the member states: equality, mutual trust, mutual benefit, consultation, respect for diverse civilizations, and pursuit of common development. These principles resonate with the vision of Chinese President Xi Jinping, particularly his initiative to build a community with a shared future for mankind.

    This vision promotes mutual benefit, peace, and progress, focusing on uniting efforts for joint development and shared prosperity, rather than dividing nations based on different interests.

    All member states have contributed significantly to the development of the SCO. It is essential to highlight the substantial contributions of the current chair, the Republic of Kazakhstan.

    It’s worth noting that Kassym-Jomart Tokayev, the current president of Kazakhstan, even during his tenure as foreign minister in the late 1990s, advocated for the establishment of a full-fledged international organization in a Foreign Minister Council Meeting, which eventually became the SCO. Both the first and current presidents of Kazakhstan have consistently participated in all meetings of heads of state.

    Since assuming the chairmanship of the SCO in July last year, Kazakhstan has consistently carried out its duties as chairman and proposed a number of important initiatives. During the summit in India last year, Kazakhstan’s president clearly outlined the priorities his country would have during Kazakhstan’s chairmanship, which include numerous initiatives in security, cultural and humanitarian cooperation, and trade and economic collaboration.

    At this year’s SCO summit, key documents such as the Energy Strategy and the Regulations of the SCO Investors Association are presented for approval by the heads of state. The second document, namely, the Regulations of the SCO Investors Association, will establish the operational framework for the association aimed at uniting investors from various countries to promote common development.

    This year, at Kazakhstan’s initiative, has been declared the Year of Ecology within the SCO, leading to numerous environmental activities and initiatives.

    A range of documents are signed, focusing on environmental protection, seed production, and agricultural development. An Ecology Forum will be held in July, drawing attention to, and addressing, ecological topics such as water resource management and waste reduction. Kazakhstan has also proposed the creation of an SCO Association of Ports and Logistics Centers.

    Of course, speaking about Kazakhstan’s chairmanship, it is essential to note that it turned out to be very important and, perhaps, somewhat innovative, considering the current highly volatile global situation, with numerous challenges, various threats, armed conflicts and large risk zones.

    In his address to the New Delhi summit last year, the President of Kazakhstan proposed a global initiative to promote world unity.

    Considerable progress has been made to date. This initiative encapsulates the primary views and assessments of member states regarding the current global situation and the principles for establishing a new type of international relations based on justice, equality, and mutual respect.

    The SCO is not a military-political bloc; it is not a bloc organization at all. Instead, it is an open entity focused on cooperation and the attainment of shared objectives. It is open to dialogue with all and is not directed against anyone. It bases all its work on finding common interests and reaching consensus on any issues.

    Currently, we observe the growing demand and the increasing contribution of the SCO to regional development evidenced by the rising interest from other countries and international organizations. For instance, in the eight years since 2017, the number of member states has almost doubled. This surge in membership underscores the SCO’s enhanced relevance and influence on the global stage.

    With Belarus’s accession to the SCO, it will truly become a Euro-Asian organization. Under these conditions, member states see the SCO’s role as increasingly vital in strengthening international stability and finding peaceful solutions to any issues. Additionally, the SCO aims to enhance overall prosperity within its region through active development of trade and economic cooperation. Furthermore, all SCO member states desire the organization to deliver more practical benefits, providing greater tangible value to the peoples of our countries.

    [Note: The world is entering a new period of turbulence and change, with issues of concern emerging one after another worldwide. Against this backdrop, the Shanghai Cooperation Organization maintains its position as a comprehensive cooperation grouping which contributes to regional development, peace and stability. With this year’s SCO summit being held in Astana, Kazakhstan, on July 3-4, our special series of articles, “Shanghai Spirit in a Chaotic World,” looks at the SCO from different perspectives. This is the seventh article of the series. Decision Makers is a global platform for decision makers to share their insights on events shaping today’s world. Nurlan Yermekbayev is the SCO’s deputy secretary-general. The article reflects the author’s opinions.]

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Business

    Aramex claps back at scammers with AI-generated fake video campaign

    Business

    Investopia to host inaugural Global Talks in Tashkent in 2026 in collaboration with Uzbekistan’s Ministry of Investments, Industry and Trade

    Business

    SBC Summit 2025 Adds Latin America & Brazil Track

    Business

    ROSHN GROUP launches first phase of sales for ALDANAH, offering 1000+ units for a new way of living in Dhahran

    Business

    Loyyal Launches Global Partner Network Across USA & UK for Air India’s Maharaja Club Loyalty Members Unlocking Everyday Everywhere Rewards

    Business

    OPEC Fund Development Forum 2025 concludes with new commitments to accelerate global development impact

    Business

    Gulf Air and CFM strengthen LEAP-1A Engine Support for A320neo Fleet

    Business

    Rare $100mln Palm Jumeirah land plot brokered by Dubai Sotheby’s International Realty

    Follow Us
    • Facebook
    • Twitter
    Top Posts
    Lifestyle

    An Artistic Legacy Endures: Liu Shiming Sculpture Donation to The American University in Cairo

    The Liu Shiming Art Foundation announced the donation of a sculpture called “Silk Road” by…

    Business

    Senegal to host Global Leaders, Investors at the 8th Pan African Humanitarian and Investment Summit

    The Pan African Leadership and Economic Development Centre (PALEDEC) proudly unveils Senegal as the host…

    Lifestyle

    Dubai Municipality Launches ‘A Safer Summer’ Campaign To Foster Health And Well-Being Of The Public During The Summer Season

    Dubai Municipality launched the ‘A Safer Summer’ campaign to create public awareness on the importance…

    Lifestyle

    Abu Dhabi Music & Arts Foundation And Dolce&Gabbana Unveils The Winners Of The Design Award 2024

    The Abu Dhabi Music & Art Foundation (ADMAF) and the luxury fashion brand Dolce&Gabbana are…

    Lifestyle

    Taste the Flavours of Ramadan by the Canal at Gulf Court Hotel Business Bay

    Gulf Court Hotel Business Bay is excited to announce its Ramadan offering at Café Délices;…

    Welcome to Middle East Daily, your daily dose of news and insights from the heart of the Middle East. Explore the latest headlines, delve into thought-provoking analysis, and engage with stories that define our region's narrative.

    Facebook Twitter
    Categories
    • Business (257)
    • Lifestyle (110)
    • News (115)
    • Technology (70)
    Top Insights
    Business

    Alchemist Doha, Startup Grind Qatar unite to strengthen local startup ecosystem

    Technology

    Google launches “AI First” startup accelerator in MENA

    © 2025 Middle East Daily.
    • Home
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.