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Many billionaires in the UAE are drawn to the country's zero income tax policy. As a result, people travel to the United Arab Emirates in order to safeguard and increase their wealth without having to pay high taxes on it.    The United Arab Emirates (UAE) provides a golden visa program that permits investors, entrepreneurs, and professionals to stay in the nation for an extended period of time. This effort has been essential in attracting skilled labor and funding from around the world.    Due to its strategic location at the crossroads of Asia, Africa, and Europe, the UAE can be quite alluring for investment. This is also important information for visitors planning meetings there.    UAE Offers  a lots of opportunities for ventures and investments. Under a stable political climate, the state of the United Arab Emirates can enjoy a sense of security and predictability, both of which are necessary for efficient long-term planning.     Countries that have seen the greatest growth in

Iran to join Shanghai Organization alliance with China, Russia

 

, Russia

Russian Foreign Minister Sergei Lavrov said that the Islamic Republic of Iran will be legally accepted as a member of the Shanghai Cooperation Organization (SCO), which includes China, Russia, and Central Asian countries. 

Hossein Amir-Abdollahian, the Minister of Foreign Affairs of Iran, held a telephone conversation with the Secretary General of the Shanghai Cooperation Organization, Zhang Ming, according to the foreign ministry of  Islamic Republic of Iran.

The Russian foreign minister reportedly said, “During the meeting of heads of state on July 4, Iran’s membership will be approved.”

Hossein Amir-Abdollahian reportedly said, “I am confident that the full membership of the Islamic Republic of Iran will provide an increasing capacity to the Shanghai Cooperation Organization.”

Zhang Ming said, "From July 4, Iran will enjoy all the rights related to the member nations of the SCO.” 

According to reports, Iran’s membership in the SCO was previously planned, and the Islamic Republic of Iran also aims to be admitted to another grouping that does not have Western countries: the BRICS group, which has Brazil, Russia, India, China, and South Africa.

The Shanghai Cooperation Organization (SCO), which has its headquarters in the People's Republic of China, is a diplomatic organization with eight members, including India and the Islamic Republic of Pakistan.

Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan established the SCO in 2001. In 2017, India and Pakistan also joined the bloc. The SCO also has dialogue partners and observers from across Asia and the Middle East.

The Islamic Republic of Iran joined the SCO as an observer in 2005. Iran's application for full membership to SCO was accepted in 2021. Iran signed a memorandum of understanding to become a permanent member of the bloc in 2022.

Reportedly, Iran is collaborating with Russia and India to build the International North-South Transport Corridor, which will compete with the Suez Canal, an artificial sea-level waterway in Egypt.

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