SCO Summit Results: Idea of Global Governance, Development Bank and Warm Welcome

The Tianjin summit of the Shanghai Cooperation Organization (SCO) featured several significant developments… Chinese President Xi Jinping’s initiative on global governance, the announcement of a new development bank for the SCO, and the adoption of the Tianjin Declaration. The event was marked by warm welcomes, including a performance of the Russian folk tune Kalinka-Malinka, and notable diplomatic milestones, such as Indian Prime Minister Narendra Modi’s first visit to China in seven years. Key highlights from the discussions held during this important gathering in Tianjin. Reception and meetings Russian President Vladimir Putin arrived in Tianjin the day prior, traveling in his…