TODAY.AZ / Politics

ECO is well-known organization in region and worldwide: Azerbaijani President - UPDATED

11 March 2009 [14:00] - TODAY.AZ

14:00

The Economic Cooperation Organization (ECO) is a well-known regional and international organization, the Iranian IRIB state television channel quoted Azerbaijani President Ilham Aliyev as saying at the opening of the ECO summit in Tehran on March 11, according to Trend News.

Aliyev said the ECO is known across the world.

"The more the organization develops, the more it will benefit member-states," he said.

Aliyev welcomed discussions between ECO member-states.

ECO member-states have held discussions on energy security, cargo transportation and other sectors.

Aliyev passed the ECO chairmanship to Iranian President Mahmoud Ahmadinejad.

The ECO is an intergovernmental organization that aims to strengthen economic, technical and cultural cooperation among member-states.

----------------
13:40

The Economic Cooperation Organization (ECO) entered a new stage of development during Azerbaijani President Ilham Aliyev's chairmanship, Iranian President Mahmoud Ahmedinejad said at the ECO summit.

Ahmedinejad proposed further developing the ECO at the summit shown live on the Iranian IRINN television channel. 

"The unfair international economic system must be replaced with a system that protects the rights of the people," the Iranian president said during the summit in Tehran.

On March 11, the Iranian president initiated using a single currency, forming an ECO bank, canceling export and import taxes and duties and increasing goods turnover among ECO countries.

Turkey, Iran and Pakistan formed the ECO in 1985.

The ECO is an intergovernmental organization aiming to strengthen economic, technical and cultural cooperation among member-countries.

Azerbaijan joined the ECO in 1993. Central Asian countries joined the organization the same year.

The ECO unites Turkey, Azerbaijan, Iran, Pakistan, Afghanistan, Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan.

The presidents of Azerbaijan, Pakistan, Afghanistan, Turkey, Tajikistan and Iraq and vice president of Syria are attending the summit.

---------------
11:57

President of Azerbaijan Ilham Aliyev held a meeting with supreme leader of Iran Seyed Ali Hamenei in Tehran, according to the official website of the Azerbaijani President.

During the meeting it was noted that good-neighbor and brother relations between the two countries are successfully developing in different spheres, including political and economic spheres. The sides voiced confidence that Azerbaijani-Iranian relations will further expand.

Day.Az, Trend News


URL: http://www.today.az/news/politics/50989.html

Print version

Views: 1375

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail:

See Also