PAKISTAN'S SCO MILESTONE

The hosting of the Shanghai Cooperation Organization (SCO) summit in October of this year will be a significant milestone for Pakistan, showcasing its dedication to regional collaboration and economic growth. As the most prominent geographical organisation covering a considerable world population, the SCO provides Pakistan with a valuable platform to improve its economic ties, draw on international investment, and boost regional trade, despite its economic challenges. This organisation was established by Russia and China in 2001, and Pakistan became a full member in 2017, presenting a vital opportunity for Pakistan to foster cooperation and collaboration with its neighbours.

The SCO summit presents an opportunity for Pakistan to hold productive talks with neighbours, especially India, potentially putting aside their disagreements and working together to encourage economic, cultural, and developmental cooperation. The summit could strengthen regional ties, foster stability, rejuvenate collaboration, and promote economic growth. Shifting the focus from military spending to social welfare, innovation, and economic growth can foster a culture of peace that could benefit the region's long-term development.

Pakistan is set to gain considerable gains from hosting the upcoming SCO summit. The leaders from member countries are expected to draw this gathering, which could lead to increased trade and foreign direct investments (FDIs). By successfully organising the SCO summit, Pakistan will enhance its geopolitical standing and showcase its ability to hold significant international events, thereby boosting its global standing.