India accorded full membership of SCO at Ufa summit 2015 [ Current Affairs ]

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India has been accorded the full membership of the SCO (Shanghai Cooperation Organisation) at its Ufa summit held in Russia which it will help India to work with the six members grouping to enhance connectivity, combat terror and create an environment for boosting trade by easing barriers.

  • Shanghai Cooperation Organisation (SCO) is a Eurasian economic, political and military organization. Headquarters of Shanghai Cooperation Organisation is at Beijing in China.
  • SCO was established in 2001. Shanghai lead leadership of six countries viz. China, Kyrgyzstan, Kazakhstan, Russia, Tajikistan, and Uzbekistan. The Shanghai Five grouping established in 1996 by Kazakhstan, China, Kyrgyzstan, Russia and Tajikistan.
  • At present, SCO has four observers Afghanistan, Belarus, Iran and India. Since 2005, India was having an Observer status of SCO and had applied for full membership in 2014.
  • SCO may also serve as guarantor for projects such as the Turkmenistan-Afghanistan-Pakistan-India (TAPI) and Iran-Pakistan-India (IPI) pipelines, which are held by India due to security concerns and SCO will provide platform for the security grouping for India and Pakistan especially on issue to counter terrorism.
  • Open up trade, energy sector and strategic transit routes for India between Russia, Central Asia and China for economic view.
  • SCO will play an important role in counter-balancing India’s perceived tilt on security issues towards US and its allies for balance in International Politics.
  • SCO will serve as a platform for India to boost trade through the Iranian ports of Bandar Abbas and Chabahar. These ports are considered as India’s gateway to Central Asia through International North-South Transport Corridor (INSTC).

- Published on: July 14, 2015