COOPERATION BETWEEN KAZAKHSTAN AND THE SHANGHAI COOPERATION ORGANIZATION AS A FACTOR IN THE DEVELOPMENT OF FOREIGN ECONOMIC ACTIVITY TODAY

Marat NARIBAEV


Marat Naribaev, Ph.D. (Econ.), Director of the International Cooperation Department at Satpaev Kazakhstan National Technical University (Almaty, Kazakhstan)


The Shanghai Cooperation Organization (SCO or Organization), which was created in order to strengthen regional security, enhance good-neighborly relations, and encourage multi-vector and multifaceted interaction among the member states, has become a major regional structure with broad opportunities for establishing mutually beneficial relations in the commercial and economic sphere. The immense territorial, human, raw material resource, and transport-transit potential of the states participating in this Organization is an important factor of successful cooperation in this area. The SCO Secretariat and specialized economic institutions aim to promote cooperation in such vectors as foreign trade, investments, transportation and communications, energy, bank relations, agriculture, the environment, and the scientific-technical and social spheres.

Within the SCO, Kazakhstan has succeeded in achieving results that are promoting the development of the foreign sector of its own economy and its gradual integration into the world economy. However, there are several problems and unresolved issues in the Organizations activity that are hindering the development of foreign relations and putting the brakes on Kazakhstans foreign economic activity. Keeping in mind that the development of relations with the SCO meets the countrys interests and is extremely promising for its foreign economic activity, economic cooperation with the Organization must be strengthened.

I. Kazakhstan and the SCO: Main Results and Problems of Cooperation

When carrying out its foreign economic activity, Kazakhstan strives to present itself as an active and full-fledged member of the SCO. This is confirmed by the nature of its participation, position, and the results the country has achieved during the undertakings carried out by this Organization.

1. Kazakhstans participation in SCO documents. Kazakhstan is party to the Organizations founding, program, and regulating documents.

1.1. The declaration on the founding of the SCO was passed by the heads of the member states on 15 June, 2001 in Shanghai. The Organization aims to enhance mutual trust and good-neighborly relations among its partner states, encourage effective cooperation among them in various areas, and promote joint efforts to maintain peace, security, and stability in the region. According to its Declaration, the Organization, enjoying immense potential and broad opportunities for advancing mutually beneficial cooperation among the member states, can ensure the development of cooperation in the commercial and.


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