The Shanghai Cooperation Organization (SCO) is taken here as a nucleus for new policies and powerful alliances that seek to establish a new world order; an order where the organization acts as a main pillar of the international power balance. The SCO has transformed from a regional organization with a specific goal into an international one by shaping new positions distinct from those of the United States. This was demonstrated through the SCO’s position on Iran’s nuclear program, the Korean issue, the Syrian crisis, and security issues in central Asia. Since this new international organization includes two permanent members of the Security Council (Russia and China), as well as nuclear powers, such as India and Pakistan, as observers, a serious look at its program seems essential for projecting the outcome of recent shifts in world politics. This paper thus attempts to answer two central questions: How far can the SCO consolidate multipolarity in international relations away from US hegemony? How will this affect the international power balance?