SCO
SCO
(SCO)
SCO Profile
Importance of SCO
Platform for Russia & China to manage their periphery security environment
To neutralize common threats to nat security and territorial integrity -3 evils
In 1996 & 1997, head of five states launched Shangai Five
Asian Century
Shift of the horizon of global politics
Establishment of AIIB to compete with ADB
Developing funding mechanisms to promote intra-SCO trade -development initiatives
Belt Road Intitiative (BRI)
Map
Challenges to SCO
SCO Amid Pandemic
Made the principle decision to conduct bilateral trade and
investment and issue bonds in local and national currencies
instead of US dollars
Virtual SCO moot 2020; Heads of states and SG of UN participated
IK said “The SCO forum can play a pivotal role in enhancing economic
collaboration with support from Eurasian Economic Union (EAEU) and
Belt, and Road Initiative (BRI). “China Pakistan Economic Corridor
(CPEC), the flagship BRI project, is poised to play a vital role” in
regional development.
East Timor
(Candidate)
Russian Federation, the United States, and the European Union, as well as with
the United Nations
Frameworks
East Asia Summit (EAS): The EAS serves as a forum for strategic dialogue
amongst the ten ASEAN Member States and its key partners, namely, Australia,
China, India, Japan, the Republic of Korea, New Zealand, the Russian Federation
and the United States
ASEAN plus one economies FTA (Japan, Korea, China, Australia, NZ, India)
ASEAN plus three (China, Japan and the Republic of Korea)
ASEAN also has sectoral dialogue relations with Pakistan and Norway.
Introduction
ASA - 31 July 1961 with Malaysia, Philippines and Thailand as members
Fallen short of its goals
In June 1966, discussions to include more members
By May 1967, plans replaced by a proposal to form a new grouping
ASEAN established on 8th August 1967 (Bangkok Declaration)
ASEAN is a 10-member international body
ASAEN is spanning over an area of 4.4 million square kilometers, a
population of over 650 million, and a GDP exceeding $2.9 trillion
In 2020, total GDP of ASEAN states amounted to 3.08 $trillion
ASEAN is currently 8th largest eco globally
Stage of Development
First 10 years (1967-1976): establishment, dialogue partners
The next 20 years: (1977-1997): expansion - Brunei (1984);
Vietnam (1995); Lao PDR and Myanmar (1997); and Cambodia
(1999)
The next 10 years: (1998-2007): vision, formalization
The next 7 years: (2008-2015): Community building
Objectives
Resolution of Intra-regional differences
Economic growth
Cultural development
Promote regional peace and stability
Social progress
Collaboration and mutual assistance on matters of common
interests
ASEAN’s Fundamental Principles
1976- The Treaty of Amity and Cooperation (TAC)
ASEAN Scholarship
ASEAN summit in April - five-point plan; end to violence and the appointment
Centrality means that ASEAN lies at the core of the region's multilateral security and
ASEAN faces a test of its wisdom - able to act as a mediator Requires ASEAN members to
SEA - hotbed of U.S.-China rivalry - Quad was greeted with unease by ASEAN
In 2003, launched ‘Vision East Asia policy’ to boost ties with SE Asia
To raise profile in SEA via improved diplomatic/ official interactions
ASEAN also face Islamic militancy - Pak can offer up its expertise