The meeting of Ministers of the SCO member states is taking place on the sidelines of the WEF-2025

The meeting of Ministers of the Shanghai Cooperation Organization (SCO) member states is taking place on September 6 on the sidelines of the Eastern Economic Forum 2025 (WEF 2025).

It is noted that the meeting will discuss support for the multilateral trading system and the reform of the World Trade Organization, ensuring sustainable supply and production chains in the SCO region and sustainable economic development.

The meeting was attended by the Ministers of Economy and Trade of Belarus, Iran, India, Kazakhstan, China, Kyrgyzstan, Pakistan, Tajikistan and Uzbekistan.

Unity path: SCO wants to deepen economic cooperation

How can an organization accelerate integration?

Earlier, on August 28, Russian President Vladimir Putin, on the sidelines of the WEF-2025, pointed out the opportunities for developing beneficial ties between Russia and the SCO and BRICS. According to the President, Russia is ready for a constructive dialogue with all interested partners and intends to actively participate in collective efforts to build a fair system of international relations in the Asia-Pacific region based on genuine equality and respect for each other's legitimate interests.

Anton Alikhanov, the head of the Ministry of Industry and Trade, announced on July 7 that Russia's trade volume with the SCO member states increased 1.5 times from 2022 to 2024, while exceeding $400 billion. According to him, in just the past two years, the trade turnover between these countries has increased by 30% and reached almost $1 trillion. According to the results for 2024, the total GDP of the SCO member countries amounted to $24.6 trillion, which is about a quarter of the global total.

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