9^th Economic Cooperation Organization (ECO) Summit

ECO Secretariat, Tehran, 29 April 2006

Press Release

            The 9^th Economic Cooperation Organization (ECO) Summit to be attended by the Heads of State/Government of the Member States will be held in Baku, Azerbaijan on 5^th May 2006. The meeting will be preceded by the Senior Officials meeting on 2-3^rd May and the Council of Ministers meeting on 4^th May 2006. The meeting will also be attended by heads/representatives of various regional and international organizations with whom ECO has evolved working relationship and also the heads of ECO Regional Institutions/Specialized Agencies.

            The meeting will review the status of the implementation of various ECO projects and will discuss ways and means to expedite them. The Summit will also consider the reports of the Chairman of the 16^th Council of Ministers and the Secretary General. The meeting would provide an opportunity to the ECO leaders to discuss the challenges facing ECO region and give policy guidelines for bolstering economic cooperation within the region.

            Among other issues which are likely to be discussed during the meeting include ECO’s participation in the reconstruction of Afghanistan and measures to combat drug trafficking and review the enforcement of important ECO agreements such as ECO Trade Agreement (ECOTA), Transit Transport Framework Agreement (TTFA) etc.

            ECO gives excellence awards to the nationals of its member states for outstanding research work in the fields of economics, research, culture, literature and fine arts, science, technology, education, agriculture and environment. These awards will be presented to winners on the sidelines of the 9^th ECO Summit.

            At the end of the Summit, Baku Declaration will be issued which will give policy guidelines for improving level of cooperation in various fields of economic sphere.

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