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Encyclopedia > Economic Cooperation Organization
Map of the ECO member states
Map of the ECO member states

The Economic Cooperation Organization (ECO) is an intergovernmental international organization involving ten Asian nations. It provides a platform to discuss ways to improve development and promote trade, and investment opportunities. The nations involved are Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkey, Turkmenistan and Uzbekistan. The common objective is to establish a single market for goods and services, much like the European Union. ECO is headquartered in Tehran, Iran. Image File history File links ECO_Map. ... Image File history File links ECO_Map. ... An international organization, or more formally intergovernmental organization (IGO), is an organization, such as the European Community or the WTO, with sovereign states or other IGOs as members. ... World map showing the location of Asia. ... A single market is a customs union with common policies on product regulation, and freedom of movement of all the four factors of production (land, enterprise, capital and labour). ... This article does not cite its references or sources. ...

Contents

History and role

Logo of the ECO
Logo of the ECO

Economic Cooperation Organization is an intergovernmental regional organization established in 1985 by Iran, Pakistan and Turkey for the purpose of promoting economic, technical and cultural cooperation among the member states. It was the successor organisation of what was the Regional Cooperation for Development (RCD), founded in 1962, which ended activities in 1979. In the fall of 1992, the ECO expanded to include seven new members, namely Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Image File history File links ECO_logo. ... Image File history File links ECO_logo. ... Regional Cooperation for Development (RCD) was a multi governmental organization which was originally established in 1962 by Iran, Pakistan and Turkey to allow socio-economic development of the member states. ... 1962 (MCMLXII) was a common year starting on Monday (the link is to a full 1962 calendar). ... For the song by the Smashing Pumpkins, see 1979 (song). ... 1992 (MCMXCII) was a leap year starting on Wednesday. ...


The status and power of the ECO is growing. However, the organization faces many challenges. Most importantly, the member states are lacking appropriate infrastructure and institutions which the Organization is primarily seeking to develop, to make full use of the available resources in the region and provide sustainable development for the member nations.


The Economic Cooperation Organisation Trade Agreement (ECOTA) was signed on 17 July 2003 in Islamabad.[1] July 17 is the 198th day (199th in leap years) of the year in the Gregorian calendar, with 167 days remaining. ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... Islamabad (Urdu: اسلام آباد (Meaning Abode of Islam)), is the capital city of Pakistan, and is located in the Potohar Plateau in the northwest of the country. ...


Organization

The following organs exist:

  • The Council of Ministers, which is the highest policy-making body and composed of the Ministers of Foreign Affairs of the member-states, or other ministerial-level officials. It meets at least once a year.
  • The Council of Permanent Representatives, is composed of the ambassadors of the other nine member states to Iran, plus the Director General for ECO Affairs in the Foreign Affairs Ministry of Iran.
  • The Regional Planning Council
  • The General Secretariat, consisting of six Directorates under the supervision of the Secretary General.

Two specialised agencies and two regional institutes also function under the supervision of the General Secretariat. This article or section does not adequately cite its references or sources. ... Invest redirects here. ... Minerals are natural compounds formed through geological processes. ... The term communications is used in a number of disciplines: Communications, also known as communication studies is the academic discipline which studies communication, generally seen as a mixture between media studies and linguistics. ... Economics (deriving from the Greek words οίκω [okos], house, and νέμω [nemo], rules hence household management) is the social science that studies the allocation of scarce resources to satisfy unlimited wants. ... A graph of a Normal bell curve showing statistics used in educational assessment and comparing various grading methods. ... Research is a human activity based on intellectual investigation and aimed at discovering, interpreting, and revising human knowledge on different aspects of the world. ...


ECO Cultural Institute (ECI)

Logo of the ECI

ECO Cultural Institute (ECI) is affiliated with ECO and aims at fostering understanding and the preservation of the rich cultural heritage of its members through common projects in the field of the medias, literature, art, philosophy, sport and education. Image File history File linksMetadata Header-L.jpg‎ from ECI Headquarters This is a logo of an organization, item, or event, and is protected by copyright and/or trademark. ... Image File history File linksMetadata Header-L.jpg‎ from ECI Headquarters This is a logo of an organization, item, or event, and is protected by copyright and/or trademark. ... Cultural heritage (national heritage or just heritage) is the legacy of physical artifacts and intangible attributes of a group or society that are inherited from past generations, maintained in the present and bestowed for the benefit of future generations. ... Old book bindings at the Merton College library. ... The Bath, a painting by Mary Cassatt (1844-1926). ... The philosopher Socrates about to take poison hemlock as ordered by the court. ...


ECI's Charter was signed on 15 March, 1995 in Islamabad. Islamabad (Urdu: اسلام آباد (Meaning Abode of Islam)), is the capital city of Pakistan, and is located in the Potohar Plateau in the northwest of the country. ...


Relationship with other organizations

All the ECO states are also member-states of the Organization of the Islamic Conference (OIC), while ECO itself has observer status in the OIC since 1995. OIC Member States; Full members in blue/Observers in pink The 57 Organization of Islamic Conference (OIC) countries have a combined GDP (at PPP) of $5,540 billions. ... 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ...


External link


  Results from FactBites:
 
Economic Cooperation Organization - Search Results - MSN Encarta (229 words)
Economic Cooperation Organization (ECO), an organization that promotes economic and cultural cooperation between Islamic states (Islam)....
Organization for Economic Cooperation and Development (OECD), international organization founded in 1961 to coordinate the economic policies of...
The Economic Cooperation Organization (ECO) is an intergovernmental international organization involving ten Asian nations.
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