Iran urges ECO members to cooperate for realizing sustainable growth

Photo: Iran urges ECO members to cooperate for realizing sustainable growth / Finance

Baku, Azerbaijan, May 24

By Fatih Karimov - Trend:

Iran urged members of the Economic Cooperation Organization (ECO) to cooperate for realizing the common goal of sustainable growth.

Iran's Minister of Economic Affairs and Finance Ali Tayyebnia said the ECO member states should unite to overcome regional challenges, Iran's IRNA news agency reported on May 24.

He made the remarks during the 4th ECO Ministerial Meeting on Finance and Economy, which is being held in Kazakhstan.

ECO is an intergovernmental regional organization established in 1985 by Iran, Pakistan and Turkey and is aimed at promoting economic, technical and cultural cooperation among the member states.

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

It became a UN observer in 1993 and an observer at the Organization of Islamic Cooperation in 1994.

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