SCO trade ministers adopt 2026-30 action plan
India calls for greater intra-SCO trade, lower trade costs, and more resilient supply chains.
The trade ministers of the Shanghai Cooperation Organization (SCO) member states have adopted a 2026-30 action plan to promote multilateral trade and economic cooperation among the bloc's nations. The 25th meeting of the SCO ministers responsible for foreign economic and foreign trade activities took place in Dushanbe, Tajikistan on September 17.
Indian trade minister Yashvir Singh emphasized the bloc's economic potential and the need to translate this potential into tangible outcomes through increased trade, reduced costs, resilient supply chains, and stronger connectivity. The plan, which requires further approval by the Council of Heads of Government, includes measures to improve customs procedures, promote paperless trade, and strengthen multimodal connectivity.
India also called for greater cooperation among SCO economies to diversify supply chains in sectors such as agriculture, critical minerals, pharmaceuticals, manufacturing, and electronics. The action plan will be subject to approval by the SCO's Council of Heads of Government.
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