The Shanghai Cooperation Organization, trade, and the roles of Iran, India and Pakistan

This article seeks to explore the implications of Shanghai Cooperation Organization's (SCO) engagement with India, Pakistan and Iran. Not in terms of power-politics or as a counterbalance to the USA as this has been explored elsewhere, but what practical problems such an expanded organization could help solve, what opportunities it could realize, and how SCO's engagement in trade is a function of favourable political and bilateral developments in the region. It is argued here that the trade, infrastructure and energy sectors are of particular importance and that substantial potential gains could be realized if coordination is improved. Nevertheless, it is also recognized that China, Russia, Pakistan, India and Iran may have lower standards of democratic development and economic transparency than the West. What is the motivation behind the SCO's engagement with India, Pakistan and Iran? Should this engagement be conceived only in terms of balancing US unipolarity or are there legitimate concerns of increasing regional cooperation in Eurasia?