The SCO has also emerged as a powerful organization in terms of its ability to improve connectivity and boost economies, with increasing investment from China into the other member states estimated to have reached 80 billion U.S. dollars.
On May 13th, I arrived in Nairobi, the “green city in the sun”, and started my tenure as the 15th Chinese Ambassador to Kenya and Permanent Representative to the UNEP and the UN-Habitat.
It is expected that China will propose a SCO-FTA, which would represent significant progress in implementing the Shanghai Spirit that was defined by the foreign ministers of the SCO member states earlier this year in Beijing.
The SCO’s first great expansion came with the addition of Pakistan and India last year. As these two countries build their relations with China and Russia, the SCO provides a forum for communication about their disputes.
Besides its importance from the point of view of international security, there are economic reasons to follow the meeting of the SCO. Argentina will hold the presidency of the G-20 this year, an important multilateral forum that includes three member states of the SCO – Russia, China, and India.
The BRICS summit, Asia Infrastructure Investment Bank (AIIB), One Belt One Road… the number of initiatives by China to shape Asia and the world is growing, and it may be difficult to see the relationship between them
The 18th Shanghai Cooperation Organization (SCO) Summit in Qingdao, to be chaired by Chinese President Xi Jinping, is an important event for Eurasia.
The SCO has increasingly become a platform for countries in the region to cooperate on security, economic, and cultural matters.
The common dilemma for regional institutions is to promote either wider or deeper integration, as taking on more members makes it more difficult to find common ground.
The SCO's "Shanghai Spirit" of mutual trust, mutual benefit, equality, consultation, respect for cultural diversity, and the pursuit of common development is a strong foundation on which to build partnerships.
The initial basis of the SCO was security cooperation. "The 'three evil forces' of extremism, terrorism, and separatism still pose a huge threat to Central Asia.
America and China need to transform the nature of relations, and the US more specifically needs to work toward overcoming the domestic hindrances which prohibit geostrategic cooperation between the two countries.
Some of the world’s renowned companies, such as the law firm Baker McKenzie and global real estate giant Knight Frank, have called the initiative a silver bullet for Africa, detailing opportunities presented by the Belt and Road to the continent.
This year's SCO summit is significant in several aspects. First of all, it demonstrates SCO members' commitment to multilateral cooperation in tackling common challenges.
For a long time, African countries relied on Western partners to advance their development agenda. But in recent years, growing China-Africa relations have largely reversed the continent's over-reliance on Western powers.
While the Trump administration is sending shockwaves through the international community, intensive diplomacy is ongoing between China and the European Union.
The last few years have seen a massive shift in China's economy away from an overreliance on exports and investment towards a growth model that is based on consumer spending.
Hungary has a strategic location in China's plans, as a logistics hub for China's economic engagement with the Central and Eastern Europe region, attracting around one third of China's investment in the region.
Massive markets and consumer bases combined with manufacturing and labour advantages mean emerging economies can now out-compete the former giants of Europe, Japan and the US.
On May 8, U.S. President Donald Trump pulled America out of the Joint Comprehensive Plan of Action (JCPOA), also known as the Iran deal, in order to fulfill one of his campaign promises.