To: Yaacov who wrote (1913 ) 6/15/2001 5:48:16 AM From: GUSTAVE JAEGER Read Replies (1) | Respond to of 23908 The latest on the "Shanghai cabal"....Central Asia bloc united against missile shield June 15, 2001 Posted: 4:42 AM EDT (0842 GMT)By staff and wire reports SHANGHAI, China -- The leaders of six central Asian nations, led by China and Russia, have formed a united front against U.S. plans to build a national missile defense system. [...]United front Beijing and Moscow view the Shanghai Cooperation Organization as a way to counter growing U.S. and European investment in the region. Chinese President Jiang Zemin heralded creation of a "brand new multilateral cooperation organization on the Eurasian continent," saying the new group would promote "world multi-polarization." Russian President Vladimir Putin called stronger economic ties a key aim of the new group. "Cooperation in the economics, trade and culture is far more important than military cooperation," he said on Friday. Many leaders called for joint efforts to exploit the region's large reserves of oil, natural gas and minerals. China is keen to gain access to new energy sources for its expanding economy. Reliance on the West But pushing economic ties also drew attention to members' reliance on the West, particularly the two largest members -- China and Russia. Trade between China and Russia totals about $8 billion a year, less than a tenth of China's trade with the United States. China depends on exports for its higher incomes and living standards. Russia also depends on the West, especially Germany, for the investment it desperately needs to revive its faltering economy. Central Asia's republics are cautious about handing too much influence to Russia and China, which for centuries have sought to exert their power in the region. Excerpted from:cnn.com