Latest News
News ID: 4804
Publish Date: 21 April 2018 - 09:31
The 23rd meeting of the Council of Ministers (COM) of the Economic Cooperation Organization (ECO) was held on Tuesday 17 April 2018 in the Tajikistan capital of Dushanbe and Iran was appointed as the ECO secretary general for a three-year period ending 2020.
ECO-IEST: The 23rd meeting of the Council of Ministers (COM) of the Economic Cooperation Organization (ECO) was held on Tuesday 17 April 2018 in the Tajikistan capital of Dushanbe and Iran was appointed as the the ECO secretary general for a three-year period ending 2020.
Among the resolutions approved in the meeting were backing Iran’s accession to the World Trade Organization and condemning efforts by some states to procrastinate this process by creating obstacles.

In 1996, the Islamic Republic of Iran officially submitted its request for membership in the WTO to the organization’s secretariat. Having been rejected 21 times, the request was eventually accepted in 2005 after receiving approval from 148 WTO members, and Iran was granted observer status in the organization.

The WTO Secretariat has not yet responded to Iran’s trade regime submitted to the organization in 2011.

The other resolution passed in the 23rd ECO foreign ministers’ meeting pertained to approving the amending protocol of the agreement relating to the ECO Regional Institute for Standardization headquartered in Iran.

In this meeting, foreign ministers of the ECO member-states also assessed the progress of the organization and its member-states on achieving the goals and responsibilities stipulated in the ECO Vision 2025, drawing up a new plan to assist Afghanistan as well as examining the administrative and financial issues of the organization.

ECO is currently faced with a large number of challenges and problems in the fields of environment and economy among which are climate change, drought, destruction of the environment, and desertification, dust haze and sand storm in the Region. These problems can be solved by synergizing efforts and working out effective solutions while it is not yet too late.

Moreover, given the global economy’s status quo and the occurrence of recent crisis, enhancing cooperation within the framework of such regional organizations can prove a safe haven for not being adversely impacted by the consequences of the international economic fluctuations and turmoil.


Source: Irna
Related News
Name:
Email:
* Comment: