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12 July, 2015

SCO starts expansion

The Shanghai Cooperation Organization (SCO) on Friday ratified a resolution on starting its expansion procedures and passed a comprehensive blueprint for the bloc's development in the next decade.”

The leaders of the SCO states ratified the resolution on starting the procedures of granting India and Pakistan full membership of the organization, according to a declaration issued after the 15th SCO summit held in Ufa, capital of Russia's Bashkortostan Republic. The SCO also elevated Belarus to the status of observer from dialogue partner, and took in Azerbaijan, Armenia, Cambodia and Nepal as new dialogue partners, read the document. [...] The strategy maps out goals for the SCO member states to conduct cooperation in the areas including politics, security, trade and economy, people-to-people exchanges in the next decade.”

Russian President Vladimir Putin also spoke highly of the expansion, saying that it is the first time in the SCO's history to process the accession of new members. [...] Analysts said that with its expansion, the SCO will provide a platform for broader economic and security cooperation within the Eurasian region.”

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