Now a days, the world experience different levels of regional economic intergration in defferent regions. In the region surrounding Iran, also, there exist two regional economic arrangements called ECO & GCC, which can be considered as Irans paterntial natural trade partners. At first, there seems to be clear deefferences among the member statis of the two arrangements, including, inter alia, incongruous economic structures, uneven development, Valying political systems, and ethnic 8 cultrural diversity. In the following article hower, wh have examined the feasibility of establishing an initial effective core for economic integration in the region. To this end, as all of the two arrangements are not efficient economic actors, we have to seek countries enjoying the minimum international macro-economic capabilities necessary to constitute the intial core.
The following article consists of seven parts as follows: introduction, IR theoretical life rature on economic integration, international maro-economic variables & the regional core, selection of countries, the methodlolgy of country ranking, ranking results for feasibiling assessment, and conclusion.
Finally, according to the present research results, in terms of economic capabilities & trade relations, Saudi Arabia, Iran, Turkey, Kazakhstan, Pakistan, and UAE are the most eligible countries to constitute the initial core for a regional economic intergration.