Economic Cooperation Organization - Principles of Cooperation

Principles of Cooperation

  • Sovereign equality of the Member States and mutual advantage;
  • Linking of national economic, development plans with ECO's immediate and long-term objectives to the extent possible;
  • Joint efforts to gain freer access to markets outside the ECO region for the raw materials and finished products of the Member States;
  • Effective utilization of ECO institutions, agreements and cooperative arrangements with other regional and international organizations including multilateral financial institutions;
  • Common endeavors to develop a harmonized approach for participation in regional and global arrangements;
  • Realization of economic cooperation strategy; and Exchanges in educational, scientific, technical and cultural fields

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