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Latest Outcome of the SCO Summit 2024 in Pakistan

The Shanghai Cooperation Organization (SCO) Summit, held in Islamabad from October 15-16, 2024, marked a significant moment for Pakistan, enhancing its role in regional diplomacy and cooperation. This high-profile meeting, attended by leaders from key member states including China, Russia, India, Iran, and Central Asian countries, focused on fostering regional security, economic collaboration, and trade integration.

Key Outcomes:

  1. Strengthening Economic Cooperation: One of the major highlights of the summit was the emphasis on increasing trade and investment among SCO member states. Discussions revolved around enhancing connectivity networks through improved infrastructure and transport corridors, including continued efforts under the China-Pakistan Economic Corridor (CPEC). These initiatives aim to boost regional trade by connecting markets and promoting economic growth across Eurasia.
  2. Security and Counterterrorism: The summit also reiterated the collective commitment to regional security. With ongoing challenges such as terrorism and political instability in the region, member states emphasized the need for coordinated counterterrorism strategies. Pakistan highlighted its efforts in counterterrorism and sought greater collaboration in tackling security threats that affect the entire region.
  3. Climate Change and Environmental Cooperation: Environmental issues were a prominent part of the discussions, with member states advocating for greater cooperation on climate change mitigation and green technology. Pakistan, which is particularly vulnerable to climate-related disasters, used the platform to push for initiatives aimed at environmental protection and sustainable development, securing support from other member nations.
  4. Diplomatic Success: For Pakistan, hosting the summit presented a diplomatic victory. By bringing together regional powers, Islamabad showcased its capability to act as a mediator and key player in regional affairs. The summit also provided an opportunity for bilateral talks between Pakistan and other countries like Russia and Belarus, focusing on enhancing trade ties and regional connectivity.

See also: Rising Tensions Between Israel and Iran (October 2024)

Challenges:

While the summit proved successful on many fronts, it occurred amidst domestic political instability in Pakistan. The country faces internal challenges that could impact its ability to fully capitalize on the opportunities presented by such a prestigious event. Security concerns, including terrorist threats, also loomed over the event, with tight security measures being a critical focus during the summit’s organization.

In conclusion, the 2024 SCO Summit in Pakistan not only strengthened regional cooperation in trade, security, and environmental protection but also elevated Pakistan’s diplomatic standing. The event highlighted Pakistan’s potential to foster regional integration and address shared challenges, positioning itself as a significant player in the evolving geopolitical landscape of Eurasia.

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