10th ECO Summit, Tehran Iran (2009-1)

Economic Cooperation Organization (ECO) is an intergovernmental regional organization established in 1935 by Iran, Pakistan and Turkey for the purpose of Promoting economic, technical and cultural cooperation among the Member States 2.ECO is the successor organization of Regional Cooperation for Development (RCQ), which remained in existence from 1964 to 1979.3.In 1992 the Organization was expanded to include seven new members, namely; Islamic Republic of Afghanistan, Republic of Azerbaijan, Republic of Kazakhstan, Kyrgyz Republic, Republic of Tajikistan, Turkmenistan and Republic of Uzbekistan.4.The ECO region is full of bright trading prospects. Despite its young age, ECO has developed into thriving regional organization. Its international stature is growing. Nevertheless, the organization faces un-daunting challenges in realization of its objectives and goals. Most importantly, the region is lacking in appropriate infrastructure and institutions which the organization is seeking to develop on priority basis to make full use of the available resources in the region5.Over the past 14 years the member states have been collaborating to accelerate the pace of regional development through their common endeavours. Besides sharing cultural and historic affinities, they have been able to use the existing infrastructure and business links to further fortify their resolve to transfer their hopes and aspirations into a tangible reality. ECO has embarked on several projects in priority sector of its cooperation including energy, trade, transportation, agriculture, drug control & industry.6.To commemorate the 10th ECO summit being held in Tehran Iran on 11-3-2009, Pakistan Post is issuing g Commemorative Postage Stamp of Rs.5/ denomination on 11th March, 2009