Pakistan has successfully secured the permanent membership of Shanghai Cooperation Organization’s (SCO) Youth Council.
According to the letter written by Denis Kravchenko – SCO Youth Council head to Usman Dar – special assistant to PM Imran Khan on Youth Affairs, Pakistan has become the newest permanent member of SCO Youth Council.
Furthermore, SCO Youth Council head Denis Kravchenko has invited Pakistan to participate and play a significant role in the organization’s activities.
“After two years of efforts and PM Imran Khan’s guidance Pakistan has been admitted as a permanent member of SCO Youth Council,” said Usman Dar in a video statement.
It is pertinent to know that SCO is a Eurasian political, economic, and security alliance, on 15 June 2001 in Shanghai aimed at promoting cultural, economic, socio-political and security cooperation among the member states. Its full-time members include China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, India and Pakistan.
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Prior to this, Pakistan and Hungary had signed an agreement for the ‘Avoidance of Double Taxation and the Prevention of Fiscal Evasion’.
The two countries agreed upon replacing the Article on Exchange of Information with a new reformed and improved protocol that ensures that the competent authorities of the two countries shall exchange such information that will not be restricted by Article 1 and 2 of the Convention.