Tuesday, July 9, 2024

Escobar: Why The SCO Summit In Kazakhstan Was A Game-Changer


Escobar: Why The SCO Summit In Kazakhstan Was A Game-Changer



It’s impossible to overstate the importance of the 2024 summit of the Shanghai Cooperation Organization (SCO) this week in Astana, Kazakhstan. It can certainly be interpreted as the antechamber to the crucial BRICS annual summit, under the Russian presidency, next October in Kazan.


Let’s start with the final declaration. As much as SCO members state "tectonic shifts are underway" in geopolitics and geoeconomics, as “the use of power methods is increasing, with norms of international law being systematically violated”, they are fully engaged to “increase the SCO’s role in the creation of a new democratic, fair, political and economic international order.”


Well, there could not be a sharper contrast with the unilaterally-imposed “rules-based international order”.

The SCO 10 – with new member Belarus – are explicitly in favor of “a fair solution to the Palestinian issue”. They “oppose unilateral sanctions”. They want to create a SCO investment fund (Iran, via acting President Mohammad Mokhber, supports the creation of a SCO common bank, just like the NDB in BRICS).

Additionally, members that “are parties to the nuclear Non-Proliferation Treaty stand for compliance with its provisions”. And crucially, they agree that “interaction within the SCO may become the basis for building a new security architecture in Eurasia.”

The last point is actually the heart of the matter. That’s proof that Putin’s proposal last month in front of key Russian diplomats was fully debated in Astana – following Russia’s strategic deal with the DPRK de facto linking security in Asia as indivisible with security in Europe. That is something that remains – and will continue to remain - incomprehensible for the collective West.


A new Eurasia-wide security architecture is an upgrade of the Russian concept of Greater Eurasia Partnership – involving a series of bilateral and multilateral guarantees and, in Putin’s own words, open to “all Eurasian countries that wish to participate”, including NATO members.

The SCO should become one of the key drivers of this new security arrangement – in total contrast with the “rules-based order” - alongside the CSTO, the CIS and the Eurasia Economic Union (EAEU).

The road map ahead of course includes socio-economic integration and the development of international transportation corridors – from the INSTC (Russia-Iran-India) to the China-supported “Middle Corridor”.


But the two crucial points are military and financial: “To gradually phase out the military presence of external powers” in Eurasia; and to establish alternatives to “Western-controlled economic mechanisms, expanding the use of national currencies in settlements, and establishing independent payment systems.”

Translation: the meticulous process conducted by Russia to deliver a fatal blow to Pax Americana is essentially shared by all SCO members.





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