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SCO Startup Forum to be launched

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    World Affairs
  • Published
    21st Oct, 2020
  • The first-ever SCO Startup Forum will be launched on 27th October 2020.
  • The forum will lay the foundation for multilateral cooperation and engagement among the Shanghai Cooperation Organization (SCO) Member States.
  • It aims to develop and improve startup ecosystems collectively.
  • The Forum shall identify areas of cooperation by launching multiple entrepreneurial activities like startup showcases through a dedicated virtual platform, mobilizing capital for startups, sharing of best practices, procuring social innovations etc.
  • Also, Innovation and Startups will be the key focus area of SCO Heads of Government meeting on 30th November 2020 to be hosted by India.
  • Shanghai Cooperation Organization
    • SCO or Shanghai Pact is a Eurasian political, economic, and security alliance.
    • Its formation was announced on 15 June 2001 in Shanghai, China by the leaders of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan.
    • Current Members: China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, India and Pakistan
    • Headquarters: Beijing, China

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