EAM S Jaishankar bats for strong economic links among SCO countries | Current Affairs | Vision IAS

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    EAM S Jaishankar bats for strong economic links among SCO countries

    2 min read

    Key Points from S Jaishankar's Address at the SCO Meeting

    Economic Cooperation and Flexibility

    External Affairs Minister S Jaishankar highlighted the importance of strengthening economic ties among the Shanghai Cooperation Organisation (SCO) member states to address global economic volatility.

    • Emphasized the need for the SCO to be flexible and adaptable as it becomes more diverse.
    • Proposed prioritizing the decision to make English an official working language of the SCO, which currently uses Russian and Chinese.

    Supply and Demand Risks

    Jaishankar stressed the need to mitigate supply-side risks aggravated by demand-side complexities.

    • Advocated for forging the widest possible economic links in a fair, transparent, and equitable manner.
    • Referenced India's active negotiations of the India–Eurasian Economic Union (EAEU) Free Trade Agreement (FTA).

    Addressing Terrorism, Separatism, and Extremism

    Jaishankar reminded that the SCO was originally founded to combat terrorism, separatism, and extremism, which remain serious threats.

    • Called for zero tolerance towards terrorism in all its forms.
    • Stated that India will exercise its right to defend its people against terrorism.

    India-Russia Bilateral Relations

    Jaishankar also met with his Russian counterpart Sergey Lavrov to discuss advancing India-Russia relations.

    • Discussed upcoming India-Russia Annual Summit and preparations for Russian President Vladimir Putin’s visit to India.
    • Highlighted ongoing discussions on various bilateral agreements, initiatives, and projects.

    Russian-Indian Maritime Cooperation

    In New Delhi, discussions were held with Russian officials on strengthening maritime cooperation between the two countries.

    • The discussion included preparations for the annual summit and enhancing cooperation in the maritime sector.
    • Tags :
    • Shanghai Cooperation Organisation (SCO)
    • India–Eurasian Economic Union (EAEU)
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