MOSCOW, May 26 (Xinhua) -- The current development of the Shanghai Cooperation Organization (SCO) is facing new opportunities and challenges, Chinese Foreign Minister Wang Yi said here on Friday.
This year marks the 15th anniversary of the signing of the SCO Charter and the 10th anniversary of the signing of the Treaty on Long-Term Good-Neighborliness, Friendship and Cooperation by SCO members, Wang said during a press conference following a meeting with his Russian counterpart Sergei Lavrov.
Under the collective efforts of all members, the SCO has grown into a new type of regional cooperative organization with advanced ideas on cooperation and significant international influence, which plays an important role in promoting regional peace and development, he said.
The minister pointed out that the organization is facing new opportunities and challenges in its development.
After India and Pakistan complete the process of joining the SCO during the upcoming Astana summit, the SCO will become the world's most populous and largest regional cooperative organization, which will bring unprecedented development capacity and cooperation potential, Wang said.
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