Prime Minister Narendra Modi today said India looks forward to enriching the Shanghai Cooperation Organisation with its active participation and working closely with other members of the bloc, as he met the Secretary General of the grouping Rashid Alimov here.
"India looks forward to enriching the SCO with its active participation and working closely with other members," he said ahead of the opening of the two-day SCO summit.
The SCO currently has eight member countries which represents around 42 per cent of the world's population and 20 per cent of the global GDP.
Official statistics show that the combined GDP of the SCO's six founding members reached USD 12.63 trillion in 2017, increasing more than seven times from the 2001 level. During the same period, their total trade volume also grew more than seven-fold, reaching USD 4.9 trillion in 2017. The numbers have climbed further after the accession of India and Pakistan.
India was an observer at the SCO since 2005 and has generally participated in the ministerial-level meetings of the grouping which focus mainly on security and economic cooperation in the Eurasian region.
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