Economic Cooperation Organization Trade Agreement

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The Economic Cooperation Organization Trade Agreement or ECOTA is a preferential trade agreement reached on 17 July 2003 at the ECO summit in Islamabad whereby a preferential trade region was formed between the countries of Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyzstan, Pakistan , Tajikistan, Turkey, Turkmenistan and Uzbekistan.[1] As of 2008, the ECOTA is in effect.[2] As part of ECO Vision 2025, Afghanistan, Iran, Pakistan, Tajikistan and Turkey agreed to implement free trade area by 2025.[3]

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