Both Azerbaijani and Russian presidents met at the Shanghai Cooperation Organization Summit held in Uzbekistan on September 15-16.
In March 2022, the Shanghai Cooperation Organization (SCO), which accounts for 30% of the world’s GDP, discussed the draft road map of SCO member states to increase the share of national currencies in mutual settlements.
The fact that the Kazakhstani president requested assistance from the CSTO - aka Russia - and not any other international organization, including, for instance, the Shanghai Cooperation Organization (SCO), is very telling.
With regard to the increase in Chinese tourism in Israel, Israeli companies have recently focused on attracting more Chinese tourists, and the Israeli Ministry of Tourism has even opened a second office in Shanghai, following the one in Beijing.
One of the many treaties that China has initiated, co-founded or joined is the Shanghai Cooperation Organization, which, as of September, included Iran as well.
The country is always looking for ways to boost its capacities at the regional and global scale, taking into consideration all opportunities through its own multilateral institutions such as the Shanghai Cooperation Organization (SCO), and the Asian Infrastructure Investment Bank (AIIB).
What makes the current process more challenging for Western economic blocs is that there are some recent regional power houses which have been molded through the initiation of unpredictable alliances, such as Shanghai Cooperation Organization (SCO) or originally known as Shanghai Five, consisting of China, Russia, Kyrgyzstan, Tajikistan and Kazakhstan.
The Shanghai Cooperation Organisation (SCO): A new organization versus a divided G7 The protectionist policies adopted by Trump are hurting Asian countries as much as they are western countries.
New regional groupings of states (such as the African Union, the Eurasian Union or the Shanghai Cooperation Organization) and global forums (such as BRICS or the G-20) may become the cornerstones of this emerging global architecture.
For a multi-polar world order Russia wants to form a new power center with countries like China, India and Iran under the umbrella of International Organizations like the Shanghai Cooperation Organization (SCO)Moreover, the Eurasian Economic Union and the Collective Security Treaty Organization formed by the former Soviet bloc countries are a part of Russia’s initiative towards establishing new blocks.
While multinational platforms like the Black Sea Economic Cooperation Organization and the Shanghai Cooperation Organization diversify Turkey’s economic and diplomatic relations in terms of both quantity and quality, these platforms offer little strategic value for Turkey.
Boosting ties with the Eastern World will balance out Western Influence Consequently, it would be utterly reductionist to interpret President Erdoğan's remarks about joining the Shanghai Cooperation Organization and leaning towards boosting relations with the rising powers of the East as a yearning for a permanent detachment from the Western allies.
Once finished, the average duration of commercial transportation will be decreased from more than 45 days to a minimum of 10 between London/Hamburg and Beijing/Shanghai.
Turkey’s attempts to improve relations with Russia and contacts with the Shanghai Cooperation Organization were a direct result of this search.