Economic Cooperation Organization MCQs
ECO’s secretariat and cultural department are located in Tehran, its economic bureau is in Turkey and its scientific bureau is situated in Pakistan, Membership
- Islamic Republic of Afghanistan
- Republic of Azerbaijan
- Islamic Republic of Iran
- Republic of Kazakhstan
- Kyrgyz Republic
- Islamic Republic of Pakistan
- Republic of Tajikistan
- Republic of Turkey
- Turkmenistan
- Republic of Uzbekistan
Economic Cooperation Organization
Objectives & Principles of Cooperation
- Sustainable economic development of Member States;
- Progressive removal of trade barriers and promotion of intraregional trade; the Greater role of ECO region in the growth of world trade; Gradual integration of the economies of the Member States with the world economy;
- Development of transport & communications infrastructure linking the Member States with each other and with the outside world;
- Economic liberalization and privatization;
- Mobilization and utilization of ECO region's material resources;
- Effective utilization of the agricultural and industrial potentials of ECO region.
- Regional cooperation for drug abuse control, ecological and environmental protection and strengthening of historical and cultural ties among the peoples of the ECO region; and
- Mutually beneficial cooperation with regional and international organizations.
- Sovereign equality of the Member States and mutual advantage;
- Linking of national economic, development plans with ECO's immediate and long-term objectives to the extent possible;
- Joint efforts to gain freer access to markets outside the ECO region for the raw materials and finished products of the Member States;
- Effective utilization of ECO institutions, agreements and cooperative arrangements with other regional and international organizations including multilateral financial institutions;
- Common endeavors to develop a harmonized approach for participation in regional and global arrangements;
- Realization of economic cooperation strategy; and Exchanges in educational, scientific, technical and cultural fields
1. Which of the organization was replaced with Economic Cooperation Organization (ECO)
(a) Arab League
(b) RCD ✓
(c) NAM
(d) None of them
2. Pakistan, Iran and Turkey established Economic Cooperation Organization (ECO) for promoting technical, cultural and economic cooperation among the member states in ——
(a) 1964
(b) 1965
(c) 1984
(d) 1985 ✓
3, What are the Principal objectives of ECO?
(a) The sustainable economic development of Member States
(b) The progressive removal of trade barriers and promotion of intra-regional trade
(c) The promotion of stability in the ECO region
(d) All of the above ✓
4, The Secretary-General of ECO is elected for a period of
(a) 2 years
(b) 3 years ✓
(d) 4 years
(d) 5 years
5 ECO has its headquarters in ______
(a) Tehran, Iran ✓
(b) Ankara, Turkey
(c) Dushanbe, Tajikistan
(d) Islamabad, Pakistan
6 Who is the current Secretary General of ECO?
(a) Yahya Maroofi
(b) Ekmeleddin thsanogfu
(c) Abdelouahed Belkeziz
(d) Dr. Hadi Soleimanpour ✓
7 The headquarters of the ECO Trade and Development Bank is in __________.
(a) Tehran, Iran
(b) Istanbul, Turkey ✓
(c) Dushanbe, Tajikistan
(d) Lahore, Pakistan
0 Comments