We often hear about protectionism and rising tensions, but the Shanghai Cooperation Organization (SCO) has managed to stay on track, forging real progress with a fresh take on multilateralism. Here's why this group of Eurasian neighbors remains so vibrant:
- True Multilateralism: At its 25th summit in Tianjin, Chinese President Xi Jinping reminded us that the SCO was the first to promote extensive consultation, joint contribution, and shared benefit. 🌐
- Long-Term Friendship: From day one, SCO members signed the treaty on 'good-neighborliness, friendship and cooperation,' promising no hostility. This spirit of trust has become the bedrock of regional stability. 🤝
- Economic Muscle: Over the years, the SCO has grown into an economic powerhouse—accounting for about 25% of global GDP. China alone has invested over $84 billion in member states, while annual bilateral trade has topped $500 billion. Talk about serious growth! 💼
- Job Creation: With more than 3,000 Chinese enterprises operating across the region, the SCO supports around 200,000 jobs every year. That kind of impact brings real stories and dreams to life. 💪
- Fresh Funding: At this year's meeting, Xi pledged an extra 2 billion yuan in grants and 10 billion yuan in loans to SCO banks over the next three years—fueling projects that matter. 💰
Through pragmatism and partnership, the SCO continues to stand out as a model of cooperation against the headwinds of our times. For young professionals, travelers, and global thinkers, it's a reminder that unity and practical steps can shape a more connected world. Stay tuned as the SCO story unfolds! ✨
Reference(s):
cgtn.com
