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SCO Summit Could Challenge US Dominance and Lend Weight to China’s Vision of a Multipolar World

Putin promoted cooperation among SCO and BRICS nations to challenge US dominance, while the EU debates 210 billion euros in frozen Russian assets as reparations.

  • On Sunday, Russian President Vladimir Putin arrived in Tianjin for the Shanghai Cooperation Organisation summit, attending Sunday and Monday as part of a four-day visit with one of Moscow's largest delegations.
  • Putin framed the visit as an effort to promote a multipolar world order, championing BRICS and the Global South to counter US dominance while citing increased use of national currencies and linking NATO expansion to the Ukraine crisis.
  • Nearly 20 world leaders attend the two-day SCO meeting, which includes three deputy prime ministers, more than ten ministers, and reflects the SCO's founding 24 years ago with ten members.
  • On Saturday, EU foreign policy chief Kaja Kallas said the bloc must explore `all possible avenues` for around 210 billion euros in frozen Russian assets, amid member states' split over confiscation.
  • On Wednesday, Putin will travel to Beijing for a parade marking the 80th anniversary of the end of the Second World War and support an independent SCO payment and settlement infrastructure to deepen economic ties within the bloc, reinforcing a Eurasia-centred alignment.
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The professor of law and history of the Rey Juan Carlos University analyzes the summit of the Shanghai Cooperation Organization and alerts the consolidation of a Eurasian bloc capable of challenging the technological and geopolitical hegemony of the West.

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belganewsagency.eu broke the news in on Sunday, August 31, 2025.
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