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Iran Becomes Full-Time SCO Member

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Iran Becomes Full-Time SCO Member
fsjd_icon1 CURRENT AFFAIRS

Description

Iran has joined the Shanghai Cooperation Organization as a full member. The decision to admit the country as a full-fledged member of the organization was made during the 21st SCO leaders summit in Dushanbe, Tajikistan. Chinese President Xi Jinping, who spoke virtually at the summit, confirmed Iran's permanent membership in the SCO on September 17, 2021. Iran had previously attended SCO meetings as an observer nation, a status it had obtained in June 2005. It applied for full membership twice, once in 2008 and again in 2010, but both times it was denied. This would be the first time that Iran becomes a full member of a major regional bloc since its 1979 revolution. Indian Prime Minister Narendra Modi welcomes Iran’s full membership in the bloc.

About SCO

The Shanghai Cooperation Organization (SCO) is an alliance of political, economic, and security interests. It accounts for roughly one-third of the world's land, more than 40% of the world's population, and 20% of global GDP. It is the successor to the Shanghai Five, which was signed in 1996 by China, Russia, Tajikistan, Kazakhstan, and Kyrgyzstan. In June 2001, the leaders of the SCO member countries and Uzbekistan met in Shanghai to announce the formation of a new organization to deepen political and economic cooperation.

The bloc was formally established in the following year with the signing of the SCO Charter, which entered into force in September 2003. With the addition of India and Pakistan in June 2017, the organization's membership grew to eight. It allows several countries to participate as observers or partners. China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, India, and Pakistan are SCO members (excluding new member Iran).

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