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SCO ushers in new era of development
16/6/2006 10:53

The 2006 annual summit of the Shanghai Cooperation Organization (SCO), which was held here Thursday, will be remembered as an important milestone in the development of the regional organization.

Five years ago when the SCO was set up, present at the first SCO summit were only the heads of state from the six founding members -- China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.

But on Thursday, the leaders of the SCO member states were joined by Pakistani President Pervez Musharraf, Mongolian President Nambaryn Enkhbayar, Iranian President Mahmud Ahmadinejadand, India's petroleum and natural gas minister Murli Deora.

Afghan President Hamid Karzai, Executive Committee Chairman of the Commonwealth of Independent States Vladimir Rushailo and Deputy Secretary-General of the Association of Southeast Asian Nations Wilfrido Villacorta also took part in the summit as guests of the host country.

The presence of so many dignitaries from Eurasia symbolizes that nearly half of the world's total population has come united under the banner of the "Shanghai Spirit" seen as the soul of the young SCO.

Their attendance also manifests the shared aspiration of the countries in the region for strengthening mutually-beneficial cooperation on equal footing, maintaining regional peace and stability and actively seeking common development.

With a solid legal foundation, mechanisms of dialogue at different levels and permanent organizational structure in place, the SCO has become a fully functional international organization.

Building on its achievements in the past five years, the SCO is now able to play its role more efficiently in maintaining regional peace and stability and promoting common development in the region.

Chinese President Hu Jintao said Thursday the SCO summit this year signifies that the regional organization has entered a new era of development. Hu's remark was echoed by his counterparts from other SCO members.

The 10 documents signed at the 2006 Shanghai summit not only review the progress the SCO has made but also outline clear guidelines for the organization's future activities related to cooperation in trade, investment, finance, education and the combat against terrorism, separatism and extremism as well as drug trafficking.

At the summit, the leaders agreed to improve the SCO's internal structure, carry out agreements, boost cooperation in specific projects, and expand the exchanges and cooperation with observers and related international organizations.

On the eve of the summit, the SCO Interbank Association held a meeting and formally admitted the Settlement and Savings Company of Kyrgyzstan into it. The SCO Business Council was inaugurated in Shanghai on the same day, which would greatly strengthen economic cooperation among the SCO member states.

On security cooperation, the communiqu¨¦notes that "it remains the top priority of the Organization to combat the threats posed by terrorism, separatism and extremism as well as illegal drug trafficking, which have not diminished but aggravated in scale and degree."

Joint anti-terrorism military exercises will be held on the territories of the SCO member states in the coming years.

These moves will help the SCO yield more substantial fruits, better maintain regional security and stability, and bring benefits to the peoples throughout the region.

The 2006 Shanghai summit will have a far-reaching influence on future cooperation among the SCO members and observers.



Xinhua News