Putin welcomes India, Pakistan to Eurasian trade bloc

South Asian nations sign up as members of Shanghai Cooperation Organisation

Putin welcomes India, Pakistan to Eurasian trade bloc

World Bulletin / News Desk

Russian President Vladimir Putin welcomed a new era for Eurasian bloc the Shanghai Cooperation Organization (SCO) on Friday as he welcomed new members Pakistan and India.

In address to a leaders’ summit in Ufa, Russia, Putin said: "In modern conditions it is important to realize the idea of pairing the EEU [Eurasian Economic Union] and the economic belt of the Silk Road."

Putin added that Belarus would be promoted to SCO observer status while Azerbaijan, Armenia, Cambodia and Nepal will join as dialogue partners.

Established in 1996, the SCO is a political, economic and military organization that incorporates China, Russia, Kazakhstan, Kyrgyzstan Tajikistan and Uzbekistan.

Turkey, Sri Lanka and Belarus are attending the summit, which opened on Friday, as dialogue partners while Afghanistan, India, Iran, Mongolia and Pakistan have observer status.


Güncelleme Tarihi: 10 Temmuz 2015, 15:09