The recent 23rd summit of the Shanghai Cooperation Organization (SCO) in Islamabad, Pakistan, highlighted the detrimental effects of unilateral sanctions on global economic relations and third countries. The member states emphasized the necessity of peaceful conflict resolution through dialogue and consultation, rejecting protectionist actions, sanctions, and trade restrictions that hinder international trade and sustainable development. The communique issued at the summit emphasized the importance of cooperation in various sectors to create a peaceful and prosperous world that respects the sovereignty and independence of all states.
The leaders also discussed the evolving global economy marked by rapid technological advancements and called for mutual respect for the right of nations to choose their development paths independently. Concerns were raised about challenges affecting investment flows and supply chains due to protectionist measures.
The summit concluded with a call for an immediate cease-fire in Gaza and emphasized the need for an independent Palestinian state for peace in the Middle East, urging the international community to address the ongoing conflicts in the region.
The next SCO meeting is scheduled to take place in Russia in 2025.