Shanghai Cooperation Organisation Archives - Page 8 of 9

Featured July 21, 2024

More Countries Want To Join The Shanghai Cooperation Organisation As Full Members

Several countries want to upgrade their relations with the Shanghai Cooperation Organization (SCO), the group’s Secretary-General Zhang Ming has stated. The SCO is a multifunctional trade, security and geopolitical alliance formed in 2001 by China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, primarily to deal with the repercussions of the United States and NATO invasion of […]

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Featured July 15, 2024

The Evolution, Difficulties & Opportunities Of Creating A BRICS Currency

Discussions concerning the development of a new, potential BRICS currency have been on-going for some time, yet have intensified in recent months due to several Heads of States meetings taking place that have actively discussed and committed research into the issue. A trend is emerging in the modern geopolitical landscape: large international associations such as […]

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July 12, 2024

BRICS “B20” Proposed As A Global Parliamentary Bloc As New Members Clamour To Join

The BRICS tenth parliamentary forum has been taking place in St. Petersburg, with major structural changes being discussed to manage the blocs development. Russia is the current chair of the forum, which was presided over by the Russian President, Vladimir Putin. He stated that “Thus far, BRICS does not have its own institutionalized parliamentary structure. […]

July 11, 2024

Russia, Shanghai Cooperation Organisation Trade Hits US$330 Billion

Anton Alikhanov, the Russian Industry and Trade Minister, has stated that mutual trade between Russia and the members of the Shanghai Cooperation Organization (SCO) surged by 25% in 2023, reaching US$333 billion. The SCO completed their annual Heads of State meetings in Astana last week. This means that Russia’s trade with the SCO equates to […]

July 11, 2024

Russia, Kyrgyzstan Looking To Increase Bilateral Trade By 70%

Akylbek Japarov, the Kyrgyzstan Prime Minister, has said that Kyrgyzstan and Russia intend to increase mutual trade by 70% to reach US$5 billion a year in the medium term. Japarov stated that “There is good potential for this. Last year, our trade was US$3 billion, and in four months of this year trade it has […]

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July 5, 2024

Russia-Mongolia-China Economic Corridor To Be Developed

Russia’s Foreign Minister Sergei Lavrov has held trilateral meetings with Chinese Foreign Minister Wang Yi and Mongolian Foreign Minister Batmunkh Battsetseg on the sidelines of the Shanghai Cooperation Organization Council of Heads of State meetings in Astana. The Russian Foreign Ministry said that “During a substantive conversation, they exchanged views on enhancing trilateral cooperation in […]

July 5, 2024

Russia’s Bilateral Trade With Pakistan Increasing

Islamabad proposes trade barter system to overcome financial difficulties Russian President Vladimir Putin has met with Pakistani Prime Minister Shehbaz Sharif on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Kazakhstan’s Astana. Trade between Russia and Pakistan is growing, and Russia is willing to increase supplies of energy and agricultural produce to Islamabad, […]

July 5, 2024

Russia – Kazakhstan Bilateral Trade Reaches US$30 Billion

Russia – Kazakhstan bilateral trade is growing steadily, and has already reached almost US$30 billion, Russian President Vladimir Putin said during meetings with Kazakh President Kassym-Jomart Tokayev at the Shanghai Cooperation Organisation Heads of State summit held in Astana. Russia remains one of the main trade and economic partners for Kazakhstan, Putin said, adding “We […]

July 4, 2024

Xi, Putin, Want Pricing Agreement On Power of Siberia 2 “As Soon As Possible” and Instruct Gazprom and Sinopec To Make A Deal

Russian President Vladimir Putin met with Chinese President Xi Jinping on the sidelines of the Shanghai Cooperation Organization summit in Astana yesterday (July 3), and have instructed the two countries’ responsible companies to agree on the terms of gas supply via the Power of Siberia 2 pipeline “as soon as possible,” according to Russian Deputy […]

July 4, 2024

Azerbaijan States Intention To Join BRICS

The Pro-Russia BRICS bloc has soft power control over the Caspian and Red Sea supply chains Azerbaijan, which has been attending the annual Heads of State meetings of the Shanghai Cooperation Organisation (SCO) in Astana has expressed interest in joining the BRICS grouping. The BRICS includes Brazil, Russia, India, China and South Africa, while Egypt, […]

July 4, 2024

Russia, Turkiye Plan To Increase Bilateral Trade To US$100 Billion

The Russian President Vladimir Putin has met with Turkish President Recep Erdogan in Astana on the sidelines of the Shanghai Cooperation Organisation annual Heads of State meetings, with both sides also engaging in trade development talks. Current bilateral trade is running at about US$55 billion, with Alexei Yerkov, the Russian Ambassador to Turkiye, also present […]