"In this sense, the organization's role doubles today, since we are going through a complicated process in the international financial system and in the world economy. God has blessed the countries of our region to make use of their competitive geographical and historical advantages." [41]
What Putin was alluding to was a central hallmark, indeed the very foundation, of the SCO and its model of horizontal rather than vertical integration. What provides the organization the vast potential it has both as the major multifaceted alliance and structure in Eurasia and also as microcosm and prototype alike for an international transformation in all realms is not only the individual or even collective resources of its members, but its principle and practice of complementarity, of avoiding inefficient and costly repetition and redundancy and what in the West is uncritically celebrated as "competition."
It is that precise variant of myopic and avaricious, ruthless and asocial policy practiced over the past twenty years - when the US and its allies held practically uncontested sway over the world and were free to fashion it just as they chose to - that has led to the people of the West and the world staring into an economic and social abyss. The last mechanisms left available to power-obsessed Western political elites is to rob their own citizens and those of the world to subsidize the institutions and individuals that created the crisis and to maintain war as their ultimate trump card.
At last October's SCO summit Iranian Vice President Parviz Davudi addressed an initiative that has been garnering greater interest and assuming a heightened sense of urgency when he said, "The Shanghai Cooperation Organization is a good venue for designing a new banking system which is independent from international banking systems.” [42]
The address by Russia's Putin also included these comments:
“We now clearly see the defectiveness of the monopoly in world finance and the policy of economic selfishness. To solve the current problem Russia will to take part in changing the global financial structure so that it will be able to guarantee stability and prosperity in the world and to ensure progress.”
"The world is seeing the emergence of a qualitatively different geo-political situation, with the emergence of new centers of economic growth and political influence.
"We will witness and take part in the transformation of the global and regional security and development architectures adapted to new realities of the 21st century, when stability and prosperity are becoming inseparable notions." [43]
The world is at a historical crossroad with the security and even survival of humanity at stake. One path continues along the way that has been pursued to date, of the right of might and every person for himself regardless of the consequences.
The other is one of a more rational, just, peaceful and multipolar alternative.
1) Kazinform, July 5, 2005
2) Strategic Culture Foundation, January 8, 2008
3) Ibid
4) From Pravda as quoted in Daily Jang (Pakistan), June 14, 2006
5) Eurasia.net, August 16, 2007
6) New Europe (Belgium), November 4, 2008
7) Tehran Times, November 20, 2008
8) Press Trust of India, May 11, 2009
9) People's Daily, July 6, 2005
10) The Shanghai Cooperation Organization, July 13, 2005
http://www.sectsco.org/news_detail.asp?id=407&LanguageID=2
11) UzReport, November 28, 2005
12) Ibid
13) People's Daily, July 8, 2005
14) New York Times, July 8, 2005
15) Xinhua News Agency, July 21, 2005
16) Ibid
17) Xinhua News Agency, July 21, 2005
18) Cihan News Agency (Turkey), July 26, 2005
19) Ibid
20) Itar-Tass, August 17, 2005
21) The Hindu, December 4, 2005
22) Daily Times, December 2, 2005
23) Indo-Asian News Service, July 6, 2005
24) Indo-Asian News Service, October 27, 2005
25) Pakistan Tribune, October 27, 2005
26) Russian Information Agency Novosti, October 27, 2005
27) Islamic Republic News Agency, July 5, 2005
28) Vietnam News Agency, December 9, 2005
29) Shanghai Cooperation Organization, November 4, 2005
30) Daily Jang, June 14, 2006
31) Mansoor Ali, Choice between Quadrilateral of Democracies and SCO
Mainstream, October 9, 2007
32) Ash Narain Roy, Shanghai Cooperation Organisation - Towards New
Dynamism
Mainstream, September 18, 2007
33) Guner Ozkan, Russia and the remaking of the ‘near abroad’ part 2
Zaman, September 23, 2008
34) Islamic Republic News Agency, September 15, 2008
35) Interfax, August 29, 2008
36) Deutsche Presse-Agentur, August 27, 2008
37) Voice of Russia, September 7, 2008
38) Strategic Culture Foundation, December 24, 2008
39) RosBusinessConsulting, August 30, 2008
40) Voice of Russia, October 31, 2008
41) Interfax, October 30, 2008
42) Mehr News Agency, October 31, 2008
43) Russia Today, October 30, 2008
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