Xi calls for efforts by SCO countries to safeguard regional peace

In a veiled criticism of the United States, Xi called for opposing hegemonism and power politics and making the system of global governance fairer and more equitable

Xi Jinping
India is also critical of the BRI, which drew global concerns over China's debt diplomacy of extending huge loans to smaller countries for unsustainable infrastructure projects
Press Trust of India Beijing
2 min read Last Updated : Jul 04 2023 | 8:02 PM IST

Chinese President Xi Jinping on Tuesday called on the SCO member countries to safeguard regional peace and ensure common security besides focussing on pragmatic cooperation to speed up economic recovery.

Addressing the 23rd meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads of State (CHS) presided by Prime Minister Narendra Modi in a virtual format, President Xi underscored efforts to uphold multilateralism and improve global governance.

In a veiled criticism of the United States, Xi called for opposing hegemonism and power politics and making the system of global governance fairer and more equitable.

He also made a pitch for the SCO members to synergise high-quality cooperation under his pet multi-billion dollar project the Belt and Road Initiative (BRI) with various countries' development strategies and regional cooperation initiatives.

The BRI is a multi-billion-dollar initiative launched by President Xi when he came to power in 2013. It aims to link Southeast Asia, Central Asia, the Gulf region, Africa and Europe with a network of land and sea routes.

The USD 60 billion China-Pakistan Economic Corridor (CPEC) is the flagship project of the BRI.

India has strongly protested to China over the CPEC as it is being laid through the Pakistan-occupied Kashmir (PoK).

India is also critical of the BRI, which drew global concerns over China's debt diplomacy of extending huge loans to smaller countries for unsustainable infrastructure projects.

Xi said SCO member states should have better synergize high-quality cooperation under BRI with various countries' development strategies and regional cooperation initiatives, the state-run Xinhua news agency reported.

He also called for efforts to safeguard regional peace and ensure common security and strengthen exchanges and mutual learning among SCO and foster closer people-to-people ties.

The virtual summit under India's presidency was attended by leaders of Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Pakistan and Iran as well.

The Beijing-headquartered SCO - founded in Shanghai in 2001 - is an economic and security bloc comprising China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, India and Pakistan.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :SCO summitXi JinpingChinasecurity

First Published: Jul 04 2023 | 8:02 PM IST

Next Story