A study on the Top 20 items of intra ECO trade along with top 3 intra ECO importers and their average import duties
The role of the international organizations such as the ECO seems outstanding in alleviating and the trade and economic problems whereas it is possible by synergy and measures of the regional and economic policies to obstruct the today’s problems of the global economy and pave the way for interactions and cooperation more than before.
The ECO member states are of such very significant characteristics in terms of rich natural and human resources can expand their collaborations in all areas. These countries according to the statistics in 2017 exchanged US$ 780 b worth of goods with the world out of which US$ 59 b constituting 7.6% was the share of intra ECO trade which had not demonstrated any changes compared to the identical period in the previous year. In 2018 they exchanged US$ 760 b worth of trade with the world out of which only 6.8 % i.e. US$ 52 b was the share of the intra ECO trade demonstrating a 2.5% decrease compared to its previous year.