Iran Becomes a Full Member of SCO
The eight member states of Shanghai Cooperation Organization (SCO) gave their consent for upgrading Iran’s status from an observer to a full member and signed the relevant documents at the end of their 21st summit in Tajikistan’s capital Dushanbe.
SCO was formed in 1996 in Shanghai as the “Shanghai 5 Group” with the aim of combating new security threats and bringing together leaders of Russia, China, Kazakhstan, Kyrgyzstan and Tajikistan.
Then other countries joined it and its members reached 9 countries. Although the SCO’s original goal was initially a security one, its other two main goals should not be overlooked:
one is to remove trade restrictions and economic barriers, and the other is to counter unilateralism in the international arena.
Iran is one of the major countries in the world in terms of oil and gas reserves and with a population of over 80 million is one of the largest countries in the region. In this regard, in addition to its unique geopolitical position, it has a geo-economic position with enormous economic potential.
Therefore, Iran’s membership in the Shanghai Organization is a win-win. In addition to the benefits that Iran will gain from this membership, with its enormous geopolitical and geo-economics potential, it can have a significant impact on its strength.