SCO to encourage India-Pakistan to bring positive spirit for common development: Experts

News Image

MG News | June 14, 2017 at 09:35 AM GMT+05:00

Granting full membership to India and Pakistan to the Shanghai Cooperation Organization (SCO) will encourage the two countries to put aside disputes and bring a more positive spirit for the bloc's common development, experts said on Tuesday.

The accession of the two countries was the most important item on the SCO 2017 summit's agenda in Astana, capital of Kazakhstan, as it was the first time the SCO expanded its membership since it was established in 2001. Their inclusion will boost the bloc's development and potential, according to a joint communiqué.

However, the move sparked speculation that it has overshadowed the group, and would threaten unity within the bloc, considering the rift between India and Pakistan. “I don’t think so. We enjoy a very positive spirit in this organization and it's important that each country also brings with it a positive spirit,” Mumtaz Zahra Baloch, Minister Counselor of Pakistan's Embassy in China, told the Global Times.

“It's very important that we work together and contribute to the region's development and achieve more understanding between all parties in the SCO,” she added. While emphasizing the importance of working together, Baloch noted that the inclusion of India and Pakistan also requires that all parties to face up to challenges to the region's stability and economic development, and to work towards a common development.

Li Wei, an expert at the China Institutes of Contemporary International Relations, said that India and Pakistan will be encouraged to put aside disputes and conflicts, and to develop a relationship that focuses on shared benefits.

Their inclusion also enhanced room for the regional development of the Belt and Road initiative, whose GDP accounts for about one-fifth of the world's. The leaders of the SCO member countries also called for more cooperation among SCO countries in areas such as information security, anti-corruption, infrastructure and financial projects to support regional connectivity read the joint communiqué.

The leaders of SCO members also released a statement on jointly fighting global terrorism following the summit, in which they strongly condemned all forms of terrorism.

Related News

Name Price/Vol %Chg/NChg
KSE100 162,896.68
169.98M
0.67%
1091.66
ALLSHR 98,449.69
389.81M
0.63%
617.70
KSE30 48,687.46
89.94M
0.72%
346.80
KMI30 233,849.31
94.62M
0.50%
1168.71
KMIALLSHR 64,048.09
199.49M
0.59%
373.04
BKTi 44,347.06
28.49M
1.07%
471.40
OGTi 34,422.95
8.77M
1.31%
443.56
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,820.00 77,090.00
76,490.00
-15.00
-0.02%
BRENT CRUDE 110.70 111.06
110.67
-0.58
-0.52%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-7.75
-6.58%
ROTTERDAM COAL MONTHLY 111.50 111.50
111.50
0.90
0.81%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 103.71 104.36
103.71
-0.44
-0.42%
SUGAR #11 WORLD 15.04 15.13
14.69
0.31
2.10%

Chart of the Day


Latest News
May 19, 2026 at 05:30 PM GMT+05:00

Pakistan, Japan eye next chapter in minerals science


May 19, 2026 at 05:20 PM GMT+05:00

ECC approves National Gemstone Policy 2026–2030


May 19, 2026 at 04:50 PM GMT+05:00

Gold price in Pakistan remain unchanged



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg