Shanghai Cooperation Organisation Summit Reaffirms Commitment to Multilateral Trade System
Tokyo, September 3, 2025 – The Japan External Trade Organization (JETRO) has reported on the recent Shanghai Cooperation Organisation (SCO) summit, highlighting the organization’s strong endorsement of the multilateral trading system. The summit, which concluded with a joint statement on September 3rd, 2025, underscored the collective desire of member states to bolster international cooperation and navigate the complexities of the global economic landscape.
The SCO, a prominent regional intergovernmental organization, comprises eight member states: China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, and Uzbekistan. Its recent gathering served as a crucial platform for leaders to discuss pressing economic and security issues, with a particular emphasis on trade and economic development.
According to JETRO’s report, a key outcome of the summit was the unified stance on supporting and strengthening the multilateral trading system. This commitment comes at a time when global trade faces various challenges, including rising protectionist sentiments and geopolitical uncertainties. The SCO leaders emphasized the importance of adhering to international trade rules and institutions, such as the World Trade Organization (WTO), to ensure a stable and predictable global economic environment.
The summit communiqué further indicated a shared vision for promoting open economies and facilitating greater regional economic integration. Discussions likely revolved around enhancing trade facilitation, investment promotion, and cooperation in areas such as digital trade and sustainable development. By advocating for a multilateral approach, the SCO members signaled their belief that collective action is essential for unlocking shared prosperity and addressing global economic headwinds.
This reaffirmation of support for the multilateral trading system by a significant regional bloc like the SCO is noteworthy. It demonstrates a continued recognition of the benefits that a rules-based international trading order provides for economic growth, stability, and development for all participating nations. The SCO’s collective voice in favor of open trade and cooperation is expected to contribute positively to the ongoing global discourse on the future of international commerce.
JETRO’s dissemination of this information underscores Japan’s own commitment to a robust and inclusive multilateral trading system and its keen interest in understanding the evolving economic priorities of key international organizations.
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日本貿易振興機構 published ‘上海協力機構の首脳会議、多国間貿易体制を支持’ at 2025-09-03 05:35. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.