Iran formally joins ...
Page 1
Based on the past decades’ experience, he said, militarism and the dominance of the dollar form the bases of the Western hegemonic system. “Therefore, any attempt to shape a fair international system requires the removal of this instrument of dominance in intra-regional relations,” the Iranian president said.
Protecting regional peace
Chinese President Xi Jinping called on the SCO leaders to work to “protect regional peace and ensure security.”
He said the SCO member states should “follow the right direction and enhance their solidarity and mutual trust”.
China would “persist in the correct direction of economic globalization, oppose protectionism, unilateral sanctions and extension of the national security concept,” Xi said.
Russian President Vladimir Putin, who also attended the meeting, reiterated his country’s opposition to Western sanctions and said Moscow would counter “all these external sanctions and pressures” and continue to “develop as never before”.
Putin also backed trade accords between SCO nations in local currencies in an attempt to blunt sanctions.
The China-headquartered SCO is a diplomatic organization now with nine members, namely Russia, India, Pakistan, Iran, China and the Central Asian countries of Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan.
Set up in 2001, the organization’s members work to tackle joint security issues, cooperate militarily and promote internal trade.