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ECO countries can solve problems arising from global financial crisis: Iranian President

Politics Materials 11 March 2009 18:33 (UTC +04:00)

"All participants of the Economic Cooperation Organization (ECO) summit believe that ECO countries will be able to solve the problems arising from the global financial crisis," the Press TV quoted Iranian President Mahmoud Ahmadinejad as saying after the summit in Tehran on March 11.

"Fraternal cooperation among the ECO countries may serve as example to other countries," he said.

The Economic Cooperation Organization was established as an interstate structure in 1985 to strengthen economic, technical and cultural cooperation among Turkey, Iran and Pakistan.

Azerbaijan was officially admitted to the ECO in 1993. Central Asian countries joined the organization in the same time. Current ECO members are Turkey, Azerbaijan, Pakistan, Afghanistan, Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan.

The summit involved the presidents of Azerbaijan, Pakistan, Afghanistan, Turkey, Tajikistan and Iraq, the vice-president of Syria and the Emir of Qatar.

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