How can I suppress/remove ECHO effect with Audacity ?

You should really deal with echo before you record. For example:

  • Choose a room that does not have too much echo.
  • Use directional microphones close to each speaker, or tie-clip microphones.
  • Place sound absorbent baffles in the room to absorb and break up echoes

Trying to remove echo / reverb after recording is very difficult and often fails.
The technique described here sometimes helps a bit: Noisegate Plug In doesn't appear - #14 by steve