SCO Summit Pushes De-Dollarized Financial Network: what are the key facts?

The 10 member states of the Shanghai Cooperation Organization held a summit in Bishkek, Kyrgyzstan, marking the group's 25th anniversary.

SCO Summit Pushes De-Dollarized Financial Network: what are the key facts?

The summit issued 27 documents and the Bishkek Declaration, condemning US and Israeli military strikes on Iran.

SCO Summit Pushes De-Dollarized Financial Network: what are the key facts?

In his UN General Assembly speech, Trump said the United States will not join global AI regulation and called on countries to withdraw from the International Criminal Court.

SCO Summit Pushes De-Dollarized Financial Network: what are the key facts?

The UN Human Rights Council found there are grounds to believe the United States committed war crimes.

SCO Summit Pushes De-Dollarized Financial Network: what are the key facts?

Alternative payment networks such as China's CIPS are drawing more attention, as multilateral forces push to weaken the dollar's dominance.

Physix Frontier · News Briefing Card (enbrief · Sep 28, 2026)

SCO Summit Pushes De-Dollarized Financial Network

KEY FACTS

The 10 member states of the Shanghai Cooperation Organization held a summit in Bishkek, Kyrgyzstan, marking the group's 25th anniversary.
The summit issued 27 documents and the Bishkek Declaration, condemning US and Israeli military strikes on Iran.
In his UN General Assembly speech, Trump said the United States will not join global AI regulation and called on countries to withdraw from the International Criminal Court.
The UN Human Rights Council found there are grounds to believe the United States committed war crimes.
Alternative payment networks such as China's CIPS are drawing more attention, as multilateral forces push to weaken the dollar's dominance.

PHYSIX OBSERVATION

The SCO has grown from 6 to 10 members, and its collective condemnation of the US and Israel at the summit shows the non-Western bloc is binding financial infrastructure (such as CIPS) to political coordination. For users, cross-border payment options are multiplying, but the risk of bloc fragmentation is also rising, and businesses need to prepare for two systems running in parallel.

Source: enbrief original report ↗