Tianjin declaration: to continue joint actions for strengthening counter-terrorism activities - Xinhua

Tianjin declaration: to continue joint actions for strengthening counter-terrorism activities - Xinhua

In a significant move to bolster the Shanghai Cooperation Organization (SCO), Chinese President Xi Jinping announced plans to accelerate the creation of an SCO development bank during the organization's summit in Tianjin. This initiative, which follows Xi's pledge of $1.4 billion in loans over the next three years, seeks to expand the SCO's influence and scope [1].

Xi's remarks underscored the current global complexities and the need for collective safety and development responsibilities. He emphasized the importance of an "equal and orderly multipolar world" and advocated for a more just global governance system. This stance aligns with China's past positions, particularly its opposition to a Cold War mentality and bloc-based confrontations [1].

The SCO, established in 2001, now comprises 10 member states and includes Afghanistan and Mongolia as observer states. The organization has grown in size and influence, though it has traditionally focused on security initiatives. With the addition of a development bank and increased emphasis on loans, China is aiming to expand the SCO's role in global affairs [1].

The summit in Tianjin also saw Xi meet with Indian Prime Minister Narendra Modi to discuss border disputes, a significant step towards resolving long-standing tensions. Meanwhile, Russian President Vladimir Putin attended the meeting and discussed the Ukraine war with Xi, signaling a continued alignment between the two nations [1].

While the SCO's effectiveness in counter-terrorism remains a contentious issue, China has cited the organization's role in combating terrorism, separatism, and extremism. Critics argue that these efforts are more about maintaining authoritarian regimes than addressing genuine threats [1].

Despite the SCO's potential limitations, the summit in Tianjin marks a significant diplomatic milestone for China. The organization's expansion, coupled with China's financial commitments, underscores Beijing's ambition to play a larger role in global governance. As China continues to assert its influence, the SCO's future trajectory will be closely watched by the international community [1].

References:
[1] https://abcnews.go.com/International/wireStory/chinas-xi-seeks-expanded-role-shanghai-cooperation-organization-125149856