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Iran, ECO to boost mineral ties

Business Materials 7 January 2014 14:46 (UTC +04:00)

Baku, Azerbaijan, Jan. 7

By Rahim Zamanov - Trend:

Iran and the Economic Cooperation Organization plan to boost mineral relations, the IRIB News Agency reported on Jan. 7.

The issue was discussed in a meeting between the officials of the Iranian Mines and Mining Industries Development and Renovation Organization and ambassadors and representatives of ECO member states in Tehran.

Iran's Mineral Processing Research Center is among the world's top four centers, according to IMIDRO officials

Iran is ranked among the 15 major mineral-rich countries of the world and exports its industrial and mineral products to 159 countries, including Iraq, China, the United Arab Emirates, India and Afghanistan.

The important mines of Iran include coal, metallic minerals, sand and gravel, chemical minerals and salt. Iran has the world's largest zinc and second largest copper deposits and ranks ninth for its iron reserves.

ECO is an intergovernmental regional organization established in 1985 by Iran, Pakistan and Turkey, which provides a platform to promote economic, technical and cultural cooperation among member states.

The organization was expanded in 1992 to include seven new members, including Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

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