On May 22, 2022 the Secretary General of ECO, H.E. Amb. Khusrav Noziri, while welcoming the President of ECO Trade and Development Bank, Mr. Yalcin Yuksel, appreciated the Bank and its management for financing the prioritized ECO Projects to support the monetary needs of the Member States.
The President of ETDB gave detailed briefing about mandate of the Bank, its role and the activities being undertaken for regional development. The President of the Bank acknowledged the significance of cooperation between the organizations with a focus on financing bankable projects for infrastructure development in the ECO region. He highlighted that the ECO region has transited through a difficult time of a severe pandemic and is still whacking to tackle its repercussion.
Both sides discussed cooperation in the priority sectors like trade & investment, transport & connectivity, and others to meet the targets set for intra-regional trade and contribution to global economic growth through mutual assistance in projects and feasibility studies.