Economic Cooperation Organization

Economic Cooperation Organization
(in other official languages)
Azerbaijaniİqtisadi Əməkdaşlıq Təşkilatı
Persianسازمان همکاری اقتصادی
KazakhЭкономикалық Ынтымақтастық Ұйымы
Ekonomikalyq Yntymaqtastyq Ūiymy
KyrgyzЭкономикалык Кызматташтык Уюму
Pashtoد اقتصادي او همکاريو سازمان
TajikТашкилоти ҳамкории иқтисодӣ
TurkmenYkdysady Hyzmatdaşlyk Guramasy
TurkishEkonomik İşbirliği Teşkilatı
Urduاقتصادی تعاون تنظیم
UzbekIqtisodiy Hamkorlik Tashkiloti
Logo of Asian
Logo
Motto: "Sustainable socioeconomic development for the people of the region"
Member states of the ECO
Member states of the ECO
HeadquartersTehran, Iran
Largest metropolisKarachi
Official languagesEnglish
Member states
Leaders
Asad Majeed Khan
Area
• Total
8,208,600 km2 (3,169,400 sq mi)
Population
• 2023 estimate
566,800,000
• Density
72/km2 (186.5/sq mi)
GDP (PPP)2023 estimate
• Total
US$10 trillion
• Per capita
US$34,800
GDP (nominal)2023 estimate
• Total
US$3.8 trillion
• Per capita
US$15,000
HDI (2023)0.781
high
Currency
10 currencies
Time zoneUTC+2 to +5
Calling code
Preceded by
Regional Cooperation for Development

The Economic Cooperation Organization or ECO is a Eurasian political and economic intergovernmental organization that was founded in 1985 in Tehran by the leaders of Iran, Pakistan, and Turkey. It provides a platform to discuss ways to improve development and promote trade and investment opportunities. The ECO is an ad hoc organisation under the United Nations Charter. The objective is to establish a single market for goods and services, much like the European Union. After the dissolution of the Soviet Union, the ECO expanded to include Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan in 1992.

The current framework of the ECO expresses itself mostly in the form of bilateral agreements and arbitration mechanisms between individual and fully sovereign member states. Similar to ASEAN, the ECO maintains dedicated secretariats and administrative bodies to coordinate trade among its member states. Regional initiatives include cross-border agricultural collaboration across the historically integrated Fergana Valley between Kyrgyzstan, Tajikistan, and Uzbekistan, as well as multimodal transit via the Ashgabat Agreement and the Afghanistan–Pakistan Transit Trade Agreement. Bilateral initiatives also focus on regional energy corridors, including the Tabriz–Ankara pipeline and proposed projects such as the TAPI and Iran–Pakistan gas pipeline, intended to move Central Asian energy to industrial hubs across Iran, Pakistan, and Turkey.

The ECO's Secretariat and ECO Cultural Institute are based in Iran, the ECO Trade and Development Bank and ECO Educational Institute are located in Turkey, and the ECO Science Foundation is in Pakistan.