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    SCO calls for multipolar world order as Iran joins grouping

    • July 5, 2023
    • Posted by: OptimizeIAS Team
    • Category: DPN Topics
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    SCO calls for multipolar world order as Iran joins grouping

    Subject : International Relations

    Section: Groupings

    Concept :

    • The virtual summit of the Shanghai Cooperation Organisation (SCO), chaired by Mr Modi, addressed the importance of establishing a “more representative” and multipolar world order.
    • The summit witnessed the induction of Iran as the ninth member of the SCO.

    Expansion and Composition of SCO:

    • The SCO now consists of China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, and Uzbekistan.
    • Iran’s induction as the latest member reflects the SCO’s commitment to broadening its representation.

    Agreements and Declarations:

    • The New Delhi Declaration: Outlined areas of cooperation between SCO countries.
    • Joint Statement on Countering Radicalisation: Addressed the need to combat radicalisation and promote stability.
    • Joint Statement on Digital Transformation: India offered expertise on digital payment interfaces for sharing within the SCO.

    Concerns and Lack of Consensus:

    • India’s stance on China’s Belt and Road Initiative (BRI): India abstained from supporting the BRI paragraphs in the joint statement due to its inclusion of projects in Pakistan-occupied Kashmir.
    • India’s absence from the SCO Economic Development Strategy 2030: India’s refusal to participate in the joint statement suggests a lack of consensus within the group.

    SCO’s Stance on Sanctions and Currency Use:

    • Joint criticism of non-UN sanctions: SCO members expressed opposition to sanctions on Russia and Iran, considering them incompatible with international law and negatively impacting other countries.
    • Exploring the use of national currencies: SCO members agreed to explore the use of national currencies for payments within the group to bypass dollar-based international transactions.

    Global Challenges and Vision:

    • The Delhi Declaration’s focus: The declaration acknowledged global challenges such as conflicts, market turbulence, supply chain instability, climate change, and the COVID-19 pandemic.
    • Commitment to a multipolar world order: The member states reaffirmed their commitment to a more representative, democratic, just, and multipolar world order based on international law, multilateralism, and equal cooperation, with the UN playing a central coordinating role.

    For further notes on SCO , refer – https://optimizeias.com/shanghai-cooperation-organisation-sco/

    International Relations SCO calls for multipolar world order as Iran joins grouping
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