Abstract
Economic Cooperation Organization (ECO) is a regional and inter-governmental organization which provides a trading block like the European Union and this paper attempt to understand the undercurrents of it. ECO provides a trading block like the European Union and committed to achieve its objectives. Its main members are Iran, Pakistan and Turkey and in fact this organization is a continuation of the multi-government organization; the RCD started in 1964 and ceased working in 1979. ECO emerged as a replacement of RCD in 1985, with inclusion of seven more countries including Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Afghanistan and Azerbaijan. For achieving its objectives ECO’s work-plan was prepared in three, cultural, economic and scientific, domains. The geographical situation of these countries not only provides road, air and sea-links for each other but also can connect the countries of central Asia as well. Land locked, Central Asian countries to date are linked to Mediterranean Sea through Turkey, Persian Gulf through Iran and by developing ECO Pakistan can provide access to these countries to Arabian Sea. This paper argues that if the strategic goals set in ECO and CPEC are achieved Pakistan can emerge as one of the fastest growing regional markets, possibly globally, as well. Key-Words: Pakistan, ECO, Turkey, Iran, Trade, Commerce
Muhammad Iqbal Chawla. (2017) Economic Cooperation Organization: A Historical Perspective, Journal of Political Studies, Volume 24, Issue 2.
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