- India has enjoyed observer status at the Shanghai Cooperation Organisation since 2005, and now has joined the organisation as a member. It believes membership of SCO will help expand its footprint in hydrocarbon-rich Central Asia, Russia and Eurasia.
- The formal announcement on India’s membership could come at the next SCO summit in Ufa, Russia on July 9-10.
- India believes it stands to benefit from the SCO membership since this will help the country participate in major gas and oil exploration projects in Central Asia.
India to become the member of Shanghai Cooperation Organisation
It was launched by Union Minister of State (MoS) for Petroleum and Natural Gas at ...