An ECO delegation headed by H.E. Ambassador Khusrav Noziri, Secretary General of the Economic Cooperation Organization (ECO), participated in the Plenary Session of the 21st Annual Meeting of the ...
A Virtual Meeting was held between the delegations of the UNCTAD and the ECO Secretariat, on April 28, 2022. The meeting was chaired by Mr. Zahid Hussain Abbasi, Director (Trade & Investment), ...
The 2nd Meeting of ECO Technical Committee on Electronic Data Interchange (EDI), hosted by the Islamic Republic of Iran; was held virtually on 9th November 2021. The delegates from Islamic Republic ...
Trade and Foreign Direct Investment (FDI) play an important large role in the economic growth of developing countries. Increased exports and inward investment creates wealth which drives economic growth and hence creates jobs in an economy.
To double intra-regional trade increase ECO share in the global trade and specifically exports, increase share in global trade and tap regional trade potential for economic growth.
Five year (2013 to 2017) trade statistics reveals that initially, global trade of the ECO countries witnessed a decline, going down to US $ 649 billion in 2015. However, since 2016, there has been a recovery and the global trade now stood at US $ 733 billion in 2017. As compared to 2016, this shows an increase of 9.8%.
The ECO Trade and Development Bank (ECO-TDB) was established on August 3, 2005 with its headquarters located in Istanbul. The Bank started its operations in 2008. The representative offices of the Bank in Tehran (Iran) and Karachi (Pakistan) are fully functional. The membership of the bank is open to ECO member states as well as to their banks and other financial institutions. The current shareholders are now six members of ECO, namely Afghanistan, Azerbaijan, Iran, Kyrgyz Republic, Pakistan and Turkey. For further information please visit www.etdb.org.
The idea of engagement in the reinsurance industry, as the organisation, was first adopted when Regional Cooperation for Development (RCD), was first set up in 1964 by Iran, Pakistan and Turkey. The reinsurance institutions of these countries came together and decided to establish Reinsurance Pools of various categories of non-life business resulting in ...
List of focal points in trade and investment from Afghanistan, Pakistan, Tajikistan and Turkey.
Mr. Seyed Mohsen Esperi (Iranian National) Deputy Secretary General (T&I and A&I) Economic Cooperation Organisation (ECO), Tehran Tel: +98-21 -22831733-4 Email: esperi@eco.int
