Breaking News: Iran plans to Plug Into Russian SCO Members’ Electricity Grids
NEW YORK (RichTVX.com) — The Islamic Republic became an acceding member of the Shanghai Cooperation Organization – a political, economic, and security bloc comprising over half of Eurasia, at the SCO’s summit in Samarkand last month. In the years before that, Iran worked to build strategic ties with SCO heavyweights, including Russia and China.
The Shanghai Cooperation Organization
The Shanghai Cooperation Organisation (SCO) is a Eurasian political, economic and security organization. It is the world’s largest regional organization in terms of geographic scope and population, covering approximately 60% of the area of Eurasia, 40% of the world population, and more than 30% of global GDP.
The SCO is the successor to the Shanghai Five, formed in 1996 between the People’s Republic of China, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. On 15 June 2001, the leaders of these nations and Uzbekistan met in Shanghai to announce a new organization with deeper political and economic cooperation; the SCO Charter was signed on 7 July 2002 and entered into force on 19 September 2003. Its membership has since expanded to eight states, with India and Pakistan joining on 9 June 2017. Several countries are engaged as observers or dialogue partners.
The SCO is governed by the Heads of State Council (HSC), its supreme decision-making body, which meets once a year.