The Economic Cooperation Organization (ECO) is an intergovernmental international organization involving ten Asian nations. It provides a platform to discuss ways to improve development and promote trade, and investment opportunities. The nations involved are Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkey, Turkmenistan and Uzbekistan. The common objective is to establish a single market for goods and services, much like the European Economic Union. ECO is headquartered in Tehran, Iran.
The Next Eleven (or N-11) is a short list of countries named by Goldman Sachs investment bank on 1 December 2005 as having promising outlooks for investment and future growth.
GS used macroeconomic stability, political maturity, openness of trade and investment policies and quality of education as criteria. The N-11 paper is a follow-up to its 2003 paper on the emerging "BRIC" economies (Brazil, Russia, India, China). The N-11 group of countries: Bangladesh - Egypt - Indonesia - Iran - South Korea - Mexico - Nigeria - Pakistan - Philippines - Turkey - Vietnam
The Organization of Petroleum Exporting Countries (OPEC) is an international organization made up of Algeria, Angola, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. OPEC's international headquarters (since 1965) is located in Vienna, Austria.
Exports $63.18 billion (2006)
Main partners Japan 16.9%,, China 11.2%, Italy 5.9%, South Korea 5.8%, South Africa 4.1%, Taiwan 4.1%, (2005)
Imports $45.48 billion (2006)
Main Partners Germany 13.9%, UAE 8.4%, China 8.3%, Italy 7.1%, France 6.3%, South Korea 5.4%, Russia 4.9% (2005)
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