In a resolute address at the Shanghai Cooperation Organization (SCO) Summit, Iranian President emphasized the need for de-dollarization as a means to foster cooperation and establish a fair regional order. This call comes amidst growing concerns over the dominance of the U.S. dollar in global financial transactions and its potential to exert undue influence on international affairs.
The Iranian President passionately advocated for a more inclusive and balanced financial system that would promote greater economic sovereignty among SCO member nations. By reducing reliance on the U.S. dollar, he argued, countries could enhance their resilience and safeguard against economic vulnerabilities.
The SCO Summit served as a crucial platform for regional leaders to discuss and devise strategies aimed at countering unilateralism and forging a just global framework. The Iranian President’s impassioned plea resonated with attendees, prompting meaningful dialogue on the significance of economic cooperation and the quest for a level playing field.
As the SCO Summit concluded, it became evident that a new chapter in regional cooperation was being written, one that prioritized inclusivity, economic autonomy, and the establishment of a just order. The call for de-dollarization resonated as a rallying cry for SCO nations to forge a path towards a fair and balanced financial landscape, ensuring a future where cooperation prevails over dominance.
