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SCO Challenges and Opportunities

The 23rd meeting of the Shanghai Cooperation Organization (SCO) hosted by Pakistan highlighted significant challenges, including a 40% increase in trade deficit with member states and a rise in terror attacks following the Taliban's return to power in Afghanistan. However, opportunities for Pakistan include enhancing trade with Central Asian countries, improving security cooperation, and addressing climate change through regional initiatives. Additionally, stronger economic ties with China and Russia present potential for development and technological innovation.

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25 views2 pages

SCO Challenges and Opportunities

The 23rd meeting of the Shanghai Cooperation Organization (SCO) hosted by Pakistan highlighted significant challenges, including a 40% increase in trade deficit with member states and a rise in terror attacks following the Taliban's return to power in Afghanistan. However, opportunities for Pakistan include enhancing trade with Central Asian countries, improving security cooperation, and addressing climate change through regional initiatives. Additionally, stronger economic ties with China and Russia present potential for development and technological innovation.

Uploaded by

martinchriss900
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Shanghai Cooperation Organization (SCO)

Pakistan host, 23rd meeting of Heads of Government, Oct 15-16, 9-member states attended.

Some of the challenges for Pakistan in SCO:

Trade deficit, in year 2023-24 40% increase in trade deficit with China, Russia and India, import from
Pakistan was minimal, over all 40% trade deficit with over all SCO state members

Pakistan’s Poor trade as compared to trade potential with CARs, remained $325 million, lower than
potential, in comparison India’s trade with Uzbekistan amounted to $512 million, that is 64% more than
Pakistan’s volume with all CARs.

Terror attack issue, 73% increase in terror attacks in first two years of return of Taliban in Afghanistan
after USA exited,

Afghanistan is an observer state of SCO, Afghanistan contact group formed in 2006 but has remained
inactive, so no discussion between SCO and Afghanistan on mutual issues

Pakistan is ranked 18th in 193 countries at the receiving end of high disaster risk, in 2022 floods 33
million people were affected, more collective efforts need to be made

Opportunities for Pakistan in SCO:

Trade opportunities with CARs: Leveraging its strategic location, Pakistan can enhance trade
and connectivity with Central Asia and beyond. Advocating for Free Trade Agreements (FTAs), reducing
trade barriers, and integrating digital trade mechanisms can boost exports and strengthen regional
commerce. Synergies between the Belt and Road Initiative (BRI) and SCO connectivity projects further
position Pakistan as a key regional trade hub.

Security areas, reduce terrorism: Next regional anti-terrorism structure meeting (RATs) can help
intelligence sharing and capacity building initiatives between countries. Pakistan revive Afghanistan
contact group and raise the issue of terrorism.

Climate change efforts: Proposal for regional climate fund and technological cooperation for disaster hit
countries, cooperation with India to tackle the mutual issue of smog,

Economic opportunities and technological transfer and innovation, China

Stronger economic ties, more harmony that is needed for smooth sailing of cross border businesses

$70.3 billion Chinese development finance worldwide in Pakistan and $14 billion Russian projects of oil
and gas and power projects

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