ECO International Conference on Logistics and Transit Development will be held in Bandar Abbas, Hormuzgan province, on October 17. International organizations and financial institutions are expected to attend the event. The opening ceremony will coincide with the commissioning of Bandar Abbas-Almaty container train services. ECO is an intergovernmental regional organization established in 1985 by Iran, Pakistan and Turkey for the purpose of promoting economic, technical and cultural cooperation among the Member States. It is the successor organization of Regional Cooperation for Development (RCD) which operated from 1964 up to 1979 as a regional alliance. In 1992, the Organization was expanded to include seven new members, namely: Islamic Republic of Afghanistan, Republic of Azerbaijan, Republic of Kazakhstan, Kyrgyz Republic, Republic of Tajikistan, Turkmenistan and Republic of Uzbekistan.