A.Rafay
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ISLAMABAD: President Asif Zardari is scheduled to participate in the 12th summit of the Economic Cooperation Organisation (ECO) on October 15 in Baku, Azerbaijan.
During the visit, President Zardari would hold meetings with Azerbaijans leadership and leaders of ECO member countries on the sidelines of the summit. The 11th ECO summit was held in Istanbul in December 2010.
The 20th meeting of the council of ministers of the Economic Cooperation Organization (ECO) will also be held in Baku on October 15.
The meeting will account for the reports of the ECO and its institutions on the progress achieved in the main activity area of the ECO that focus among other issues, on transport, trade, energy, environment and agriculture covering the period 2011-2012.
The meeting will adopt substantial decisions on the new initiatives and activities reflected in the program planned for 2012-13.
The summit will mark nearly two decades of sustainable functioning of the regional organization, second largest in the world.
A Baku declaration outlining the vision and guidance for the organization will be issued at the end of the summit.
The ECO is an inter-governmental organisation involving seven Asian and three Euro-Asian nations.
It provides a platform to discuss ways to improve development and promote trade and investment opportunities and the common objective is to establish a single market for goods and services, much like the European Union. The ECOs secretariat and cultural department are located in Tehran, its economic bureau is in Turkey and its scientific bureau is situated in Pakistan.
Turkey, Iran and Pakistan founded the organisation in 1985 and in 1992, the ECO was expanded to include seven new members, namely Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.
Daily Times - Leading News Resource of Pakistan
During the visit, President Zardari would hold meetings with Azerbaijans leadership and leaders of ECO member countries on the sidelines of the summit. The 11th ECO summit was held in Istanbul in December 2010.
The 20th meeting of the council of ministers of the Economic Cooperation Organization (ECO) will also be held in Baku on October 15.
The meeting will account for the reports of the ECO and its institutions on the progress achieved in the main activity area of the ECO that focus among other issues, on transport, trade, energy, environment and agriculture covering the period 2011-2012.
The meeting will adopt substantial decisions on the new initiatives and activities reflected in the program planned for 2012-13.
The summit will mark nearly two decades of sustainable functioning of the regional organization, second largest in the world.
A Baku declaration outlining the vision and guidance for the organization will be issued at the end of the summit.
The ECO is an inter-governmental organisation involving seven Asian and three Euro-Asian nations.
It provides a platform to discuss ways to improve development and promote trade and investment opportunities and the common objective is to establish a single market for goods and services, much like the European Union. The ECOs secretariat and cultural department are located in Tehran, its economic bureau is in Turkey and its scientific bureau is situated in Pakistan.
Turkey, Iran and Pakistan founded the organisation in 1985 and in 1992, the ECO was expanded to include seven new members, namely Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.
Daily Times - Leading News Resource of Pakistan
