Pakistan will be hosting the upcoming Shanghai Cooperation Organisation (SCO) Summit, which will be held from the 15th to 16th of October. Since its initiation, the SCO has maintained its focus on issues of terrorism and regional security. The SCO summit provides a platform for Islamabad to strengthen its diplomatic ties with member countries, especially China, Russia, and the Central Asian states. In this regard, Pakistan can propose the introduction of a common currency among SCO member states, which could significantly enhance regional trade and economic cooperation. Undoubtedly, while the SCO presents opportunities, it also brings a plethora of challenges.

Source: The Nation October 13, 2024 02:50 UTC