Chinese FM says that Mongolia might become member of SCO

After ten years as an observer state, Mongolia might become a full member of the Shanghai Cooperation Organization (SCO), comprising states in Eurasia and East Asia, Chinese Foreign Minister Wang Yi said, ITAR TASS reports.“We have great prospects for the development of the SCO... There are currently five observers and three dialogue partners in the organization,” ITAR TASS quotes Wang Yi as saying.Founded in 2001, the Beijing-based Shanghai Cooperation Organization is composed of Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. The security organization consolidates efforts to counter terrorism and radicalization in member-states, and also works in other spheres such as politics and trade.