Economic Cooperation Organization Trade Agreement

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The Economic Cooperation Organization Trade Agreement or ECOTA is a preferential trade agreement reached on 17 July 2003 at the ECO summit in Islamabad whereby a preferential trade region was formed between the countries of Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkey, Turkmenistan and Uzbekistan. [1] As of 2008, the ECOTA is in effect. [2] As part of ECO Vision 2025, Afghanistan, Iran, Pakistan, Tajikistan and Turkey agreed to implement free trade area by 2025. [3]

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References

  1. "ECO Trade Agreement (ECOTA)" (PDF). Retrieved 20 October 2019.
  2. "Economic Cooperation Organization Trade Agreement Free Trade Agreement". aric.adb.org.
  3. "ECO Vision 2025 & Implementation Framework" (PDF). Retrieved 20 October 2019.