Shanghai Co-operation Organisation decides to include India as full member
Source: PTI The Prime Minister, Narendra Modi at the Plenary Session of SCO Heads of State Council, in Ufa, Russia on July 10, 2015. Source: PIB, Government of India Shanghai Cooperation Organisation (SCO) today decided to include India as a full member, prompting Prime Minister Narendra Modi to offer to work with the six- member grouping to enhance connectivity, combat terror and create an environment for boosting trade by easing barriers. India, which has an 'observer' status for the past 10 years, will technically become the member by next year after completion of certain procedures. Beijing-based SCO currently has China, Russia, Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan as members. Along with India, the process to include Pakistan as a member was ...
The International North-South Corridor key to Indias trade
The Dollar Business Bureau As highlighted in the Foreign Trade Policy of India, 2015-20, The International North-South Transport Corridor (INSTC) - a multi-modal trade transport network that includes rail, road, and water transport from Mumbai in India via Bandar Abbas in Iran to Moscow in Russia can be a game-changer for India in promoting its trade and investment links with Central Asia. A current-affairs magazine on the Asia-Pacific region reported that the network could be used to explore further options for developing connectivity with other countries such as Turkey and in Eastern Europe. It could facilitate India’s economic integration with Eurasian economies and other countries in surrounding regions. The INSTC has particular economic and strategic relevance to India given the ...
