Key Points

Chinese President Xi Jinping addressed the SCO plenary session in Tianjin, emphasizing mutual benefit among member states. He announced a significant financial commitment of 2 billion yuan in grants to support SCO nations. The summit occurs against the backdrop of looming US tariff tensions, adding geopolitical significance to the discussions. Meanwhile, Prime Minister Modi is scheduled to meet President Putin bilaterally following his address at the same summit.

Key Points: Xi Jinping Urges SCO Win-Win Cooperation Amid US Tariff Tensions

  • Xi Jinping pledges 2 billion yuan in grants to SCO member states this year
  • Calls for SCO nations to pursue mutual benefit and win-win results
  • SCO described as world's largest regional organization with historic achievements
  • Modi to meet Putin bilaterally after addressing SCO plenary session
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Chinese President Xi Jinping calls on SCO members to pursue win-win results

Chinese President Xi Jinping addresses SCO summit, pledges $281M in grants to member states while calling for mutual benefit and common ground among nations.

"The Shanghai Cooperation Organization (SCO) has grown into the world's largest regional organization - Xi Jinping"

Tianjin, September 1

Chinese President Xi Jinping on Monday while addressing the plenary Session of the Shanghai Cooperation Organization (SCO) called on all the member-states to pursue mutual benefit, Global Times reported.

The session, which comes amid looming tariffs by the US, called on SCO member states to pursue mutual benefit, win-win results, as per Global Times.

"The member states of the Shanghai Cooperation Organization (SCO) have brought about groundbreaking and historic achievements in the organization's development and cooperation," Xi said, as quoted by Global Times.

Xi made the remarks on Monday while addressing the 25th Meeting of the Council of Heads of State of the SCO in north China's Tianjin Municipality.

"The Shanghai Cooperation Organization (SCO) has grown into the world's largest regional organization," Xi further said.

Xi also said that the member states of the SCO should seek common ground while putting aside differences.

The Chinese President pledged to provide 2 billion yuan (about 281 million US dollars) in grant to member states of the Shanghai Cooperation Organization (SCO) within this year.

Prime Minister Narendra Modi will also address the plenary session, following which he will hold a bilateral meeting with Russian President Vladimir Putin.

During a special briefing in Tianjin, Foreign Secretary Vikram Misri confirmed that the Prime Minister will also meet the Russian President following his address at the SCO plenary session.

"Prime Minister will be addressing the plenary session of the Summit, where he will outline India's approach to fostering regional cooperation under the SCO umbrella. After this engagement, he is scheduled to have a bilateral meeting with President Vladimir Putin of Russia, following which he will depart for India," Misri said on Sunday.

PM Modi arrived in Tianjin on Saturday for a two-day official visit, during which he will participate in the 25th SCO Heads of State Council summit, taking place from August 31 to September 1.

- ANI

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Reader Comments

P
Priya S
While win-win cooperation sounds good, we must be cautious about China's intentions. Their infrastructure projects in neighboring countries often come with strings attached. India should protect its strategic interests first. 🇮🇳
A
Aditya G
The 2 billion yuan grant announcement is interesting timing with US tariffs looming. China is clearly trying to strengthen its influence in the region. India needs to play this smartly.
S
Sarah B
As an expat in India, it's fascinating to see how regional organizations like SCO are becoming more important. The Modi-Putin meeting could have significant implications for energy cooperation given current global prices.
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Nikhil C
Hope our PM focuses on getting better market access for Indian products in SCO countries. Also important to discuss security cooperation given our border concerns with some members.
M
Meera T
While regional cooperation is good, we shouldn't forget that China still occupies Indian territory. Any cooperation must come with respect for sovereignty and territorial integrity. Jai Hind!

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