[4] After the dissolution of the Soviet Union, the ECO expanded to include Afghanistan, Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan in 1992.
The current framework of the ECO expresses itself mostly in the form of bilateral agreements and arbitration mechanisms between individual and fully sovereign member states.
That makes the ECO similar to ASEAN in that it is an organisation that has its own offices and bureaucracy for implementation of trade amongst sovereign member states.
This is in addition to the transportation of oil and gas from Central Asian states such as Kazakhstan and Turkmenistan to supply the industrialisation underway in Iran, Pakistan, Turkey, and beyond.
Pakistan plans to diversify its source of oil and gas supplies towards the Central Asian states, including petroleum import contracts with Azerbaijan.
Activities of ECO are conducted through directorates under the supervision of Secretary-General and his Deputies which consider and evolve projects and programs of mutual benefit in the fields of: ECO-CCI was established on 10 June 1993.
Its objectives are to contribute to enhancing economic cooperation and relations in trade, industry, agriculture, tourism, contracting, engineering and banking sectors as well as to realize joint investments among the Member States.
National Chambers of Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, and Turkey are members of ECO-CCI.
The three-member countries decided to form a Trilateral Interim Committee to pave the way for the establishment of this important institution.
The Trilateral Interim Committee in its various meetings reviewed the relevant issues such as the development of the business plan and signing of the Articles of Agreement already finalized by a group of Experts from the three founding member countries.
ECO-CEC provides its expertise in the entire range of consultancy operations, starting from conception, project planning and appraisal, through pre-feasibility, feasibility and financial studies, investigation and exploration, site selection to engineering design, material and equipment specifications, construction supervision, contract management, quality control and preparation of technical manuals for the operation and maintenance of the projects.