Leaders of the Economic Cooperation Organization country-members will gather for the 17th summit hosted on 3rd and 4th July in Khankendi, Azerbaijan.
Reaffirming its leadership in promoting regional cooperation and sustainable development, Azerbaijan will bring together ECO heads of states, senior government officials, ECO Observers, special guests from non-ECO countries and heads of international organizations to achieve prosperity through fragile economic integration, reads ECO 's statement.
The Summit will feature a dynamic and inclusive ECO Week, kicked on 1st July across multiple cities in Azerbaijan.
"This is the third time Azerbaijan hosts the ECO Summit, but, for the first time, it will be held in Karabakh. Thanks to the initiative and leadership of President Ilham Aliyev, this year marks the inaugural ECO Week involving a wide range of stakeholders. All these events are aimed at developing a shared vision for the future of the Economic Cooperation Organization for the next ten years," - stated Asad. M. Khan, the Secretary General of the Economic Cooperation Organization (ECO).
The ECO Week includes a series of thematic forums aimed at advancing youth engagement, gender inclusion and economic connectivity within the region.
The ECO Youth Forum with its thematic focus on “Enhancing the Role of Youth for Building a Sustainable and Climate-Resilient Future” was held in Aghdam on 1st July. The event centered on three main themes: Economic and Trade Cooperation, which explored opportunities for intra-regional trade, removing barriers, and promoting youth entrepreneurship and the digital economy; Sustainability and Technology, which addressed climate-resilient development and the role of AI and digital transformation in regional growth; and Human Development and People-to-People Ties, which focused on education, health, youth mobility, and tourism, while strengthening cultural and historical connections among member states. The outcomes of the forum reflect a collective commitment to building a sustainable, inclusive, and climate-resilient future, with young leaders at the forefront of this vision.
Today, ECO Women Forum focused on “Enhancing the Role of Women for Building a Sustainable and Climate-Resilient Future” launched in Lachin, while the 6th Business Forum is gathering business leaders and investors in Fuzuli, under the theme of “Investment and Trade Promotion as a Catalyst for Sustainable Development in the ECO Region.”
Currently ten countries from West and South Asia, Caucuses and Central Asia are members of the organization, including Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyz Republic, Pakistan, Tajikistan, Türkiye, Turkmenistan and Uzbekistan.
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The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 19th of August, covering the latest developments.
Afghanistan and Belarus have agreed to advance joint industrial projects, investment and technical cooperation following talks in Minsk, as Kabul seeks Belarusian machinery and support to develop domestic manufacturing.
Uzbekistan and Azerbaijan are drawing up a new programme aimed at boosting bilateral trade to $1 billion by 2030, as the two countries move to deepen economic and industrial ties.
Syria says it assured Israel that Türkiye had no plans to establish a military presence at the Abu al-Duhur airbase before Israeli forces struck the site on Tuesday.
Israeli Prime Minister Benjamin Netanyahu has issued his strongest warning yet over Türkiye's growing military role in Syria, saying Israel will not accept Turkish forces expanding their presence further south.
Azerbaijan’s support for Ukraine could provide a model for neighbouring countries seeking to strengthen their sovereignty, the director of development at an organisation supporting Ukraine’s armed forces has told AnewZ.
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