SCO_Members_Unite_Against_Protectionism_and_Unilateral_Sanctions

SCO Members Unite Against Protectionism and Unilateral Sanctions

The Shanghai Cooperation Organization (SCO) member states have united to voice their opposition to protectionism and unilateral sanctions that threaten the global economic landscape. During the 23rd Meeting of the Council of Heads of Government of Member States of the SCO on Wednesday, leaders emphasized the damaging impact of such measures on the multilateral trading system and sustainable development worldwide.

In a joint communique, delegation heads highlighted that unilateral sanctions not only violate international law but also harm the interests of nations and disrupt international economic relations. They stressed that these actions undermine trust and cooperation among countries, which are essential for global prosperity.

The leaders underscored the importance of harnessing the collective potential of regional countries, international organizations, and multilateral mechanisms. They advocated for building a broad, open, and mutually beneficial cooperative space within the SCO region, guided by the principles of international law and respect for national interests.

Addressing the challenges posed by trade protectionism, the member states called for collective efforts to oppose practices that violate the rules and principles of the World Trade Organization (WTO). They reaffirmed their commitment to strengthening a non-discriminatory, open, fair, inclusive, and transparent multilateral trading system based on WTO guidelines.

By promoting collaboration and adherence to international norms, the SCO member states aim to foster an environment conducive to economic growth and stability. Their unified stance serves as a call to action for the global community to prioritize cooperation over unilateralism, ensuring a sustainable and prosperous future for all.

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