Sample Solution

The purpose of ECO Trade & Development Bank was to channelize resources for embarking, enhancing and supplying financial facilities to enlarge intra-regional trade and to offer experts counseling to member countries in solving their fiscal issues. Operations of Bank started in 2008. In Tehran and Karachi representative offices of the Bank are functional with best performance (ECO at a Glance)
ECO Freight Train Service 2009
A very significant venture was inaugurated between Pakistan, Iran and Turkey in 2009. According to that Train’s route was planned from Islamabad, Tehran and Istanbul. It’s further target was to connect Pakistan with Europe via Turkey. At that time it was expected that the railway routes can link ECO member states with Europe for this purpose some missing links had to be up graded . Quetta-Taftan track & Kerman-Zahidan track were very important of these tracks. (ECO at a Glance).
The ECO-IRU Silk Road Truck Caravan, 2010
That Caravan Silk Road started its journey from Islamabad in April 2010 and completed it on October 2010 in Istanbul after covering a long distanced journey of 11,000 km. The caravan travelled through seven countries of ECO including unstable region of Afghanistan.The purpose of this journey was to gather information in order to facilitate road transport in the area (IRU-ECO Truck Carvan).

Turkish President visit Pakistan November 1985
On November 14, 1985 President General Zia-Ul-Haq was invited to Turkish President Kenen Evren to pay a state visit to Pakistan. During his visit to Pakistan he stated: ‘Our countries has vast potential which can lead to a more intensive economic collaboration, we both have the necessary political will and determination for this purpose.’ On November 15, 1985, the two countries signed an accord to avoid implementation of double taxation between the two countries (Dawn November 16, 1985).
During 1985, Islamabad (Pakistan) enhanced 40 different industrial projects to be set up in Pakistan as joint ventures with Turkey. A trade center was installed in Islamabad. Two joint ventures were a Sugar Mill in Toba Tek Singh and a compressor factory at Faisalabad. Both countries Pakistan and Turkey in order to improve their trade which was running into difficulties because of none complimentarily of their respective economies, agreed to set up a joint committee to make recommendations (Hasan, 2002).
In 1987, the major achievement of the President General Zia Ul Haq’s visit to Turkey was that the two countries got mutual understanding on cooperation in defense production.