The prime ministers of nuclear-armed rivals Pakistan and India have agreed at a rare meeting to co-operate on eliminating terrorism in south Asia, Pakistan’s foreign ministry said.
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On the International Monetary Fund, the leaders said in the declaration, “We remain deeply disappointed with the prolonged failure by the United States to ratify the International Monetary Fund 2010 reform package, which continues to undermine the credibility, legitimacy and effectiveness of the International Monetary Fund”.
PM Narendra Modi met his counterpart Nawaz Sharif in the morning and later joined him at the summit.
SCO, a Eurasian political, economic and military organisation, is scheduled to meet in the Russian city of Ufa on July 9 and 10.
China’s Fu Xing Lu Shang studio produced a cartoon video that explains why President Xi Jinping is taking part in the Shanghai Cooperation Organization (SCO) and BRICS summits.
Ufa: Prime Minister Narendra Modi on Thursday interacted with business leaders in Russian Federation.
“It is obvious that together we can more effectively resist crisis events in the world economy and finance, more easily overcome restrictions and barriers of various kinds”, Putin said. Pakistan alleges that India’s spy agency is behind violence in the south-western Baluchistan province and north-western tribal regions.
“India is particularly interested because it lacks direct access to Central Asia, and it sees SCO membership as a way to get a better foothold on the region”.
The Shanghai Cooperation Organization (SCO) on Friday ratified a resolution to commence the process of granting India and Pakistan full membership and passed a comprehensive blueprint for the bloc’s development in the next decade.
Founded in 2001, the SCO now has China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan as its full members, with Afghanistan, Belarus, India, Iran, Mongolia and Pakistan as observers, and Armenia, Azerbaijan, Cambodia, Nepal, Sri Lanka and Turkey as dialogue partners.
At the same time, Xi said Pakistan and India’s entry into the SCO “will inject new impetus into organisation’s all-ranging cooperation”.
The SCO is now in the midst of an expansion to incorporate India and Pakistan, after years of keeping the two at arm’s length.
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“Take regional security, for instance, although India and Pakistan are long-standing rivals, there is still a core issue that lies between them that can not be ignored – Afghanistan”.
