Iran’s southeastern Chabahar Port in mid-April will host ambassadors and investors from the 10 member states of the Economic Cooperation Organization (ECO), according to public relations director of Chabahar Free Trade Zone.

 

IRNA news agency quoted Rouhollah Latifi as saying that attendees to the conference, who hail from countries as west as Turkey and as east as Tajikistan, will be informed of the economic advantages of using Chabahar as a transit point for the trade of goods.

 

In September 2011, the ECO secretary general said that the organization 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 organization established in 1985 by Iran, Pakistan, and Turkey with the aim of promoting economic, technical and cultural cooperation among member states.

 

The organization was expanded in 1992 to include seven new members, namely Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.