The Shanghai Cooperation Organization (SCO) has vowed to uphold an open, transparent, and fair multilateral trade system with the World Trade Organization (WTO) at its core. In a statement released by the SCO Secretariat on Thursday, member states reaffirmed their commitment to a system that is inclusive and nondiscriminatory—key tenets designed to meet today’s complex global trade challenges.
Highlighting the urgency of modern economic demands, the SCO emphasized the need to advance discussions on development issues within the WTO framework and called for the establishment of sustainable, resilient, and open global supply chains. This renewed commitment by the SCO offers a robust foundation for cooperation, ensuring that trade remains a vital conduit for global connectivity and economic growth.
For young global citizens, business and tech enthusiasts, thought leaders, and digital nomads alike, the SCO’s pledge represents a forward-thinking approach that marries policy, innovation, and sustainability at a time when the world is rapidly evolving. This dynamic move not only sets the stage for a more inclusive trade ecosystem but also encourages ongoing dialogue among nations in an increasingly interconnected world.
Reference(s):
cgtn.com
