Russian media hails SCO Yekaterinburg Summit

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MOSCOW, June 17 (Xinhua) -- Russian media and experts on Wednesday hailed the ninth annual summit of Shanghai Cooperation Organization (SCO), which has just concluded in the Russian Urals city of Yekaterinburg a day earlier.

It is said that the summit can bring positive influence upon its member states as well as other regions of the world.

Alexey Vlasov, general director of the Information and Analytical Center for Study of the Social and Political Processes in the post-Soviet space at Lomonosov Moscow State University, said in an article that the SCO summit marks a major step in solidifying the international status of the regional bloc comprising China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.

Leaders of SCO member states focused on various global issues and came up with several suggestions of strategic significance, said Vlasov. For instance, presidents of Kazakhstan and Russia have suggested the establishment of a unified, supra-national settlement unit within the SCO framework.

The declaration signed at the summit, said Vlasov, essentially emphasizes the indispensability of international cooperation under the guidance of the Shanghai Spirit, which enshrines mutual trust and benefits, equality, negotiation and respect for cultural diversity, as well as the unshakable principle of safeguarding peace on an equal and secure basis.

Vlasov believed the decisions made at the SCO summit may profoundly influence its further development.

Russian daily Rossiskaya Gazeta on Wednesday published an article entitled "the SCO therapy," in which President Dmitry Medvedev was quoted as saying that discussions of leaders attending the summit have shown very similar or common evaluations on the ongoing global financial crisis, as well as similar solutions adopted in combating the crisis.