TEHRAN (Dispatches) – Iran's Free and Specialized Economic Zones and the Economic Cooperation Organization (ECO) on Wednesday signed a memorandum of understanding to broaden cultural cooperation for various projects named Peace Torch, Silk Road and Peace Road in order to establish peace in the region and the globe.
Secretary of the FTZ on Economic Affairs Morteza Bank and ECO Chief Mohammad Mehdi Mazaheri were signatories to the MoU.
Under the MoU, the two sides set to explore various grounds for mutual cooperation.
The new MoU can open new horizon for expansion of cultural cooperation in Iran's Free Trade Zones, Bank said.
Iran, Pakistan, Turkey, Afghanistan, Republic of Azerbaijan, Kyrgyzstan, Uzbekistan and Tajikistan are the ECO members.