The 27th meeting of the Executive Committee of the ECO Chamber of Commerce and Industry ends in Karachi
19/11/2019 15:58
The 27th meeting of the Executive Committee of the ECO Chamber of Commerce and Industry ends in Karachi
19/11/2019 15:58
Tashkent, Uzbekistan (UzDaily.com) -- On 14–15 November, the 27th meeting of the Executive Committee of the Chamber of Commerce and Industry of the Organization for Economic Cooperation was held in Karachi.
It was attended by representatives of the chambers of commerce and industry of the organization's member states - Uzbekistan, Afghanistan, Azerbaijan, Iran, Pakistan, Turkey, Kazakhstan, Kyrgyzstan, Turkmenistan and Tajikistan.
The meeting, chaired by the Republic of Turkey, was attended by representatives of the chambers of commerce and industry of the organization's member states - Afghanistan, Azerbaijan, Iran, Pakistan, Turkey, Kazakhstan, Kyrgyzstan, Turkmenistan, Tajikistan and Uzbekistan.
At a meeting of the CCI of the Republic of Uzbekistan, the Deputy Chairman of the CCI of Uzbekistan, Jahongir Mamadzhanov, introduced.
Chambers of commerce and industry play an important role in the socio-economic development of the country and are the locomotive for the development of entrepreneurial activity, and the platform of the Chambers of Commerce and Industry is an effective mechanism for the further development of trade and economic cooperation between the ECO countries.
Today, trade between member states of the organization, with a combined population of more than 440 million people, exceeds 600 billion US dollars.
As was noted by the delegation of Uzbekistan at a meeting in the framework of the implementation of the “Strategy of Action on Five Priority Directions for the Development of Uzbekistan in 2017–2021,” Uzbekistan identified the establishment and further strengthening of cooperation with neighboring countries as a priority area of its foreign policy. ECO countries are the largest and most important trading partners of Uzbekistan. So, according to the results of 2018, trade between Uzbekistan and the ECO countries reached US$6.8 billion, which is 40 percent higher than the previous year.
The meeting summed up the activities of the branch institutions of the organization for the current year, considered proposals and initiatives to strengthen cooperation between the chambers of commerce and industry of the Member States.
ECO is a regional international economic organization with 10 states (Iran, Pakistan, Turkey, Kazakhstan, Azerbaijan, Afghanistan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan). OEC CCI deals with the development of trade and economic cooperation between the ECO member states, as well as regional cooperation in the field of trade, industry, and business support.
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