Tehran Hosts Iran-Turkmenistan Talks on Joint Trade Zones under ECO Framework
TEHRAN (Iran News) The talks focused on developing a legal framework for JTZs, promoting cross-border trade, enhancing economic collaboration, and drafting a roadmap for implementation. Sylabbardy Nurberdyev, ECO Deputy Secretary-General, outlined Turkmenistan’s proposal for the initiative, emphasizing its potential to deepen economic relations among member states. “The establishment of a joint trade zone will serve as a cornerstone for stronger economic bonds within the ECO region,” he stated.
Officials from both sides reaffirmed their commitment to advancing regional trade through a structured and legally sound framework. Discussions also highlighted the importance of attracting investment, streamlining cross-border commerce, and improving logistics in the designated trade zone. The meeting concluded with an agreement to finalize the ECO-proposed draft, laying the groundwork for a bilateral accord and identifying a potential JTZ along the Iran-Turkmenistan border.
Technical insights were provided by directors from the transport, communications, and trade sectors, as well as the ECO Secretariat’s legal advisor. The initiative reflects a broader push to strengthen economic integration among ECO members, with Iran and Turkmenistan poised to lead the effort. This development marks a significant step toward enhancing regional connectivity and prosperity.
The ECO, headquartered in Tehran, continues to serve as a platform for fostering cooperation among its ten member states across Central Asia, the Caucasus, and the Middle East.
- source : IRAN NEWS ECONOMIC DESK