ISLAMABAD: Iranian Deputy Foreign Minister for Legal and International Affairs Gholamhossein Dehghani said that Economic Cooperation Organisation (ECO) is the best option for multilateral cooperation between regional countries.
He made the remarks at the 25th Informal Meeting of the Council of Foreign Ministers of ECO held on the sidelines of the seventy-third session of the United Nations General Assembly (UNGA), IRNA news reported.
ECO is a regional economic organization founded by the Islamic Republic of Iran, Pakistan and Turkey it in 1964.
After the collapse of the Union of Soviet Socialist Republics (USSR), Afghanistan, Azerbaijan Republic, Kazakhstan, Turkmenistan, Kyrgyzstan, Uzbekistan and Tajikistan joined this organization.
He stressed the strategic significance of this regional treaty and called for the expansion and development of trade, business, economic and environmental cooperation among member states.
ECO is important for the regional security and stability, he said, adding, “This organisation still is the best option for multilateral cooperation among regional countries.”
Environmental challenges, boosting the level of trade and business cooperation between regional countries, progressing intra-regional communications in terms of road transport as well as enhancing energy network are of the main and basic priorities of the ECO, Dehghani reiterated.