Iran’s Chabahar to host ECO investment conference
Azerbaijan, Baku, Feb. 3 / Trend F.Milad/
Iran's south-eastern Chabahar Port will play host to ambassadors and investors from the 10 member states of the Economic Cooperation Organisation (ECO) at a conference to be held in mid-April, the Chabahar Free Trade Zone public relations director announced.
IRNA news agency quoted Rouhollah Latifi as saying that delegates will be introduced to Chabahar's transit and trading advantages at the investment conference.
In September 2011, the ECO secretary general said that the organisation plans to set up a common trade market among its member states.
"Under the agreement reached between ECO members, the common trade market should be established by 2015," Muhammad Yahya Maroofi told IRNA news agency.
ECO is an intergovernmental regional organisation established in 1985 by Iran, Pakistan, and Turkey with the aim of promoting economic, technical and cultural cooperation among member states.
The organisation was expanded in 1992 to include seven new members, namely Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.