Mutual bond is beyond measure, and it is so heart-warming to see it being developed in a structured manner, providing institutional strength.
But, we really need to accelerate our regional approach, which will create far reaching effects.
Economic Co-operation Organisation is a perfect platform that has been dormant for far too long. It has a potential to create a mega trading and potentially a security block, much like the EU and ASEAN.
Other trading blocks such as NAFTA provide massive economic benefits to just 3 countries, America is the largest economy in the world, but most of its trade is within NAFTA, right at its doorstep.
ECO has a massive potential that has not been truly realised as yet.
The member countries have a combine population of over 500 million, and still growing, that's a massive market.
Pakistan 230 million, projected 400 million
Turkiye 84 Million, projected 90+ million
Iran 84 million, projected 90+ million
Afghanistan 36 million, projected 70 million
Uzbekistan 24 million
Kazakhstan 18 million
Azerbaijan 10 million
Tajikistan 9 million
Kyrgyzstan 6 million
Turkmenistan 6 Million
I'm unsure of projections for central Asian states. There is also the option to add Bangladesh to this group, it is a little further away, but a massive market of 180 million and looking to expand it's options.
That's potentially a market of over 800 million, 1 billion if we include Bangladesh.