The Shanghai Cooperation Organisation (SCO) celebrated the 25th anniversary of its foundation on June 15.
Marking the occasion, Chinese Foreign Minister Wang Yi spoke at a Beijing reception.
Wang said that the founding of the SCO 25 years ago turned a new page in contemporary international relations. Over the past 25 years, member states have worked together in solidarity, upheld moral principles, pursued common development and engaged in mutual learning. They have nurtured the “Shanghai Spirit”, which features mutual trust, mutual benefit, equality, consultation, respect for cultural diversity, and pursuit of common development. The SCO has pioneered a new model of regional cooperation among neighbouring countries featuring partnership instead of alliance, under which all parties jointly safeguard security and stability and advance common development and prosperity.
Setting out some key tasks for the organisation in the coming period, he said:
- We need to safeguard peace and tranquility: adding the need to promote peace and stability in the Middle East, support Afghanistan’s reconstruction and development, and realise long-term stability in the region.
- We need to advance sustainable development: including accelerating the preparation for the establishment of the SCO Development Bank.
- We need to enhance good-neighbourly friendship and cooperation.
Secretary-General of the SCO Nurlan Yermekbayev noted in his speech that after 25 years of dedicated efforts, the SCO has entered its prime and grown into the world’s largest transregional international organisation. China Daily further reported him as noting the growing international interest in the organisation, saying that there are now about 20 applications from countries seeking to join the SCO in one capacity or another, which demonstrates the appeal of its values and principles.
Meanwhile Djoomart Otorbaev, a former prime minister of Kyrgyzstan, the country that chairs the SCO this year, contributed an ‘op ed’ to China Daily, in which he noted:
“The 25th anniversary of the founding of the Shanghai Cooperation Organization on June 15 marks more than a symbolic milestone. Over the past 25 years, the SCO has evolved from a narrowly focused border-security mechanism into one of the largest transregional organisations in Eurasia and one of the central pillars of the emerging multipolar order.
“In a world marked by fragmented globalisation, sanctions, conflicts and institutional crises within the Western system, the SCO is increasingly establishing itself as a contributor to international cooperation, emphasising sovereignty, consensus and strategic pragmatism. The SCO is becoming a symbol of resistance against the unipolar development model some powers are desperate to impose on Eurasian countries.”
Today, he points out, the SCO includes 10 member states, two observer states and 15 dialogue partners:
“The organisation’s expanding geography reflects the growing demand for non-Western mechanisms of international coordination.
“The SCO’s scale is unprecedented. The combined territory of its member states exceeds 36 million square kilometres — more than 25 percent of the Earth’s land area. The total population of SCO countries has surpassed 3.4 billion, representing nearly half of the total world population. Economically, the organisation already constitutes one of the world’s principal centers of gravity, representing about a quarter of global GDP.”
China and Russia, he continues, “remain the primary engines of this process, but the rapid integration of Central Asian economies demonstrates the broader regional significance of the SCO framework. For smaller member states, the organisation has become economically indispensable. It is estimated that SCO countries account for approximately 75 percent of Kyrgyzstan’s trade turnover, 67 percent for Tajikistan and nearly half for Uzbekistan… One of the organisation’s most strategically significant trends has been the transition toward settlements in national currencies. In trade between key SCO countries, the share of transactions conducted in rubles, yuan, rupees and other national currencies has greatly increased, gradually reducing dependence on the US dollar and Western-controlled financial systems.”
Comparing the SCO to BRICS, Otorbaev writes:
“Unlike many informal geopolitical platforms, the SCO possesses a fully institutionalised structure. It functions as a formal international organisation with a charter, permanent bodies, an approved budget, a secretary-general and fixed headquarters in Beijing and Tashkent… This institutional depth sets the SCO apart from groups such as BRICS. While BRICS mainly serves as an informal platform of geopolitical dialogue without an official charter or permanent secretariat, the SCO is a formal Eurasian organisation with legal responsibilities and ongoing operations.”
He identifies three strategic priorities that will likely determine the SCO’s future trajectory:
- Financial integration across SCO countries strengthens regional economic independence.
- Transport integration would actively advance a unified Eurasian transport network.
- The SCO brings together the world’s largest energy producers and key consumers. The SCO is progressively establishing the groundwork for a self-sufficient Asian energy market, complete with its own pricing structures and settlement systems.
He concludes: “Twenty-five years after its founding, the SCO is no longer merely a regional organisation. It is one of the institutional foundations of the new Eurasian century.”
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