Strengthening regional economic integration of ECO member countries

Shafiga Mammadova

No 7839, 2nd International Conference on Energy, Regional Integration and Socio-Economic Development from EcoMod

Abstract: Out of the scope of economic cooperation among the ECO(Economic Coorperation Organization) countries, the creation of a strong regional economic integration of Turkic and Muslim countries, based on this organization. The foundation for the implementation of this purpose can be considered as existing activities in the ECO itself.Methodological and practical basis for the proposed purpose of the current regional and international economic integration processes is organized1.ECO's gradually transformation to regional economic integration unity. 2.The overall economic rate, strong financial foundations, establish of large-scale economic integration structures between national and member countries' governing bodies. 3.Expanding spheres of cooperation within the ECO. The realization of main forms of international economic integration, free trade zone, the Customs Union, Common Market, and then economic and monetary union. 4.Expanding the energy, enviromental, industrial and scientific-technical cooperation within this community and further coverage of community.

Keywords: ECO member countries; Regional integration; Regional integration (search for similar items in EconPapers)
Date: 2014-10-01
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