Skip to Content

Sunday, November 17th, 2019

A. Myrzakhmetov participates in the 13 Summit of the Economic Cooperation Organization

Closed

March 1, Islamabad opened the Summit of Heads of States � members of the Economic Cooperation Organization (ECO). The meeting is significant, since on the agenda are the long-term plan of development of ECO before 2025 and a document on reforming the organization.

The Summit was attended by the Heads of State of Iran, Turkey, Azerbaijan, Turkmenistan, Tajikistan, Prime Minister of Pakistan and Kyrgyzstan, Minister of Foreign Affairs of Afghanistan, Deputy Prime Minister of Uzbekistan.

Kazakhstan was represented by Deputy Prime Minister � Minister of Agriculture A. Myrzakhmetov.

The main goals of ECO are creating favorable conditions for economic development of the region, consistent and gradual integration of its states into the global system of economic relations. Countries � members of the organization have common strategic goals: development of economic infrastructure, modern institutions, increasing production and expanding regional trade.

During the meeting, the Kazakh side submitted for consideration 4 directions of interaction.

First direction � implementation of infrastructure projects. Currently Kazakhstan is conducting large-scale construction of main arterial roads and railways. This enables integration with large projects of EEC and the Silk Road Economic Belt.

In this regard, it was proposed to use Kazakhstan’s transit possibilities for expanding cooperation between all countries-members of ECO.

Second � stimulation of developing regional trade and expanding access for domestic products to international markets. In this direction, there is a need for joint organization of multimodal transport and creation of extensive transport infrastructure.

Here, Kazakhstan could act liaison for the ECO countries and other markets of Eurasia.

Third � energy security. Cooperation on energy market transparency and the introduction of new technologies in this field.

Fourth � cooperation within the framework of the Astana International Financial Center, which will begin operation on the basis of English law in 2018.

Also within the framework of the Summit, Deputy Minister invited the parties to the first Summit on Science and Technologies, which will take place in Astana in September 2017.

For reference:

The Economic Cooperation Organization is an intergovernmental regional organization formed in 1985 and is the successor to the Regional Cooperation Organization for development, created by three countries-founders: Iran, Pakistan, and Turkey in March 1977. Since 1992, the organization increased its activity significantly due to the addition of 7 new states � Kazakhstan, Azerbaijan, Afghanistan, Kyrgyzstan, Tajikistan Turkmenistan, and Uzbekistan. Officially, Kazakhstan joined ECO on November 28, 1992.

Source: Government of the Republic of Kazakhstan

Previous
Next

A. Myrzakhmetov participates in the 13 Summit of the Economic Cooperation Organization

Closed

March 1, Islamabad opened the Summit of Heads of States � members of the Economic Cooperation Organization (ECO). The meeting is significant, since on the agenda are the long-term plan of development of ECO before 2025 and a document on reforming the organization.

The Summit was attended by the Heads of State of Iran, Turkey, Azerbaijan, Turkmenistan, Tajikistan, Prime Minister of Pakistan and Kyrgyzstan, Minister of Foreign Affairs of Afghanistan, Deputy Prime Minister of Uzbekistan.

Kazakhstan was represented by Deputy Prime Minister � Minister of Agriculture A. Myrzakhmetov.

The main goals of ECO are creating favorable conditions for economic development of the region, consistent and gradual integration of its states into the global system of economic relations. Countries � members of the organization have common strategic goals: development of economic infrastructure, modern institutions, increasing production and expanding regional trade.

During the meeting, the Kazakh side submitted for consideration 4 directions of interaction.

First direction � implementation of infrastructure projects. Currently Kazakhstan is conducting large-scale construction of main arterial roads and railways. This enables integration with large projects of EEC and the Silk Road Economic Belt.

In this regard, it was proposed to use Kazakhstan’s transit possibilities for expanding cooperation between all countries-members of ECO.

Second � stimulation of developing regional trade and expanding access for domestic products to international markets. In this direction, there is a need for joint organization of multimodal transport and creation of extensive transport infrastructure.

Here, Kazakhstan could act liaison for the ECO countries and other markets of Eurasia.

Third � energy security. Cooperation on energy market transparency and the introduction of new technologies in this field.

Fourth � cooperation within the framework of the Astana International Financial Center, which will begin operation on the basis of English law in 2018.

Also within the framework of the Summit, Deputy Minister invited the parties to the first Summit on Science and Technologies, which will take place in Astana in September 2017.

For reference:

The Economic Cooperation Organization is an intergovernmental regional organization formed in 1985 and is the successor to the Regional Cooperation Organization for development, created by three countries-founders: Iran, Pakistan, and Turkey in March 1977. Since 1992, the organization increased its activity significantly due to the addition of 7 new states � Kazakhstan, Azerbaijan, Afghanistan, Kyrgyzstan, Tajikistan Turkmenistan, and Uzbekistan. Officially, Kazakhstan joined ECO on November 28, 1992.

Source: Government of the Republic of Kazakhstan

Previous
Next