Economic Cooperation Organization

The Economic Cooperation Organization (ECO) is an intergovernmental organization involving seven Asian and three Eurasian nations, part of the South-central Asian Union. It provides a platform to discuss ways to improve development and promote trade, and investment opportunities. The ECO is an ad hoc organization under the United Nations Charter (Chap. VIII). The common objective is to establish a single market for goods and services, much like the European Union. ECO's secretariat and cultural department are located in Tehran, its economic bureau is in Turkey and its scientific bureau is situated in Pakistan. The organization's population is 416,046,863 and the area is 8,620,697 kmĀ². The organization was founded by Turkey, Iran and Pakistan. ECI's Charter was signed on 15 March 1995 in Islamabad, Pakistan.

Read more about Economic Cooperation Organization:  History and Role, Member States, Organization Structure, Activities, Objectives, Principles of Cooperation, Relationship With Other Organizations, Secretaries General

Famous quotes containing the words economic, cooperation and/or organization:

    Weapons are an important factor in war, but not the decisive factor; it is people, not things, that are decisive. The contest of strength is not only a contest of military and economic power, but also a contest of human power and morale. Military and economic power is necessarily wielded by people.
    Mao Zedong (1893–1976)

    We fatuously hoped that we might pluck from the human tragedy itself a consciousness of a common destiny which should bring its own healing, that we might extract from life’s very misfortunes a power of cooperation which should be effective against them.
    Jane Addams (1860–1935)

    Unless a group of workers know their work is under surveillance, that they are being rated as fairly as human beings, with the fallibility that goes with human judgment, can rate them, and that at least an attempt is made to measure their worth to an organization in relative terms, they are likely to sink back on length of service as the sole reason for retention and promotion.
    Mary Barnett Gilson (1877–?)