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ECO postpones Tehran oil ministers' meeting

Iran Materials 25 June 2012 13:10 (UTC +04:00)

Azerbaijan, Baku, June 25/Trend M. Moezzi

The third meeting of oil ministers from the Economic Cooperation Organisation (ECO) countries has been postponed.

Oil ministers from ECO's 10 member nations were to attend the conference in Tehran this week, Mehr news agency reports.

The reason for the postponement is changes in two member countries' governments and cabinets and their request that the meeting be held later.

Rostam Ghasemi, Iran's Oil Minister, was to offer his counterparts a new proposal at the meeting. Mr. Ghasemi had also planned to meet with colleagues from Pakistan, Turkey and Afghanistan.

Founded by Turkey, Iran and Pakistan, ECO comprises 10 member nations. The organisation's goal is a Asian-Eurasian version of the European Union (EU), creating a single market through cooperation and shared goals. Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan,Turkmenistan and Uzbekistan are other ECO members.

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