Economic Cooperation Organisation

EENI- School of International Business

Subject (Course): The Economic Cooperation Organisation (ECO). Syllabus:

  1. Introduction to the Economic Cooperation Organisation (ECO)
  2. Organisational structure of the ECO
  3. Objectives and activities of the Economic Cooperation Organisation (ECO).
  4. Regional Institutions.
    - Shipping Company of the Economic Cooperation Organisation
    - Chamber of Commerce and Industry.
  5. ECOTA Trade Agreement
  6. Bank of International Trade and Development.
  7. Directorate of Foreign Trade and Investment.
  8. International Relations of the Organisation for Economic Cooperation (ECO)

The objectives of the subject “The Economic Cooperation Organisation (ECO)” are the following:

  1. To understand the aims and activities of the Economic Cooperation Organisation (ECO)
  2. To assess the benefits for ECO's member countries (ECOTA trade agreement) and the areas of cooperation
  3. To know the regional institutions of the Economic Cooperation Organisation
  4. To analyse the international relations of the Economic Cooperation Organisation
Subject “The Economic Cooperation Organisation (ECO)” is studied...
  1. Masters of business: International Business (MIB), Muslims Countries, Economic Relations, Asia, and Emerging Markets
  2. Professional Doctorates (DIB e-learning): Islamic Countries, Asia
  3. Diploma in Doing Business in Central Eurasia

Languages of study: En or Es Organizacion Cooperacion Economica Fr ECO

Credits of the subject “The Economic Cooperation Organisation”: 0.1 ECTS

Sample of the subject - The Economic Cooperation Organisation (ECO):
Economic Cooperation Organisation

Subject Description: The Economic Cooperation Organisation (ECO).

In 1955, Iran, Pakistan, and Turkey founded the Economic Cooperation Organisation (ECO).

The objective of the Economic Cooperation Organisation (ECO) is to promote economic, regional trade, technical, and cultural cooperation among the member economies: the Islamic State of Afghanistan, Azerbaijan, the Islamic Republic of Iran, the Republic of Kazakhstan, Kyrgyz Republic, the Islamic Republic of Pakistan, the Republic of Tajikistan, the Republic of Turkey, Turkmenistan, and the Republic of Uzbekistan.

The Economic Cooperation Organisation (ECO) is, therefore, an organisation predominantly Muslim.

One of the main goals of the Economic Cooperation Organisation (ECO) is to promote international trade within the region and the rest of the World based on the principle of free trade. Several projects has been implemented:

  1. Regional Trade liberalisation
  2. International Trade facilitation
  3. Cooperation with other international bodies.

The Economic Cooperation Organisation (ECO) region is geographically immense and well gifted with potential economic resources (agriculture, arable land, energy, mining, and human resources).

  1. The population of the Economic Cooperation Organisation: 400 millions of people, (6% of the world's population)
  2. The Economic Cooperation Organisation is a huge strategic trade region.
  3. The total trade share of Economic Cooperation Organisation (ECO) region in the global trade: 2%.
  4. Intra- export ratio in the region reached 6%.

The ECO (Economic Cooperation Organisation) economies are implementing reforms to create favourable conditions for attracting foreign direct investment: optimisations in foreign direct investment legislation, privatisation of state-owned companies, and liberalisation of foreign direct investment flows.

The Economic Cooperation Organisation (ECO) belongs to the Central Eurasian Economic Area of the Islamic Civilisation.

The ECO Chamber of Commerce and Industry was created in 1990 by the Union of Chambers and Commodity Exchanges of Turkey, Iran Chamber of Commerce, Industries and Mines, and Federation of Pakistan Chambers of Commerce and Industry.

The Economic Cooperation Organisation Trade and Development Bank is a multilateral development Bank established in 2005 by Iran, Pakistan, and Turkey.

ECO Trade Agreement (ECOTA)
ECO Trade Agreement (ECOTA)



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