D-8 Organization for Economic Cooperation
D-8, also known as Developing-8, is an organization for development cooperation among the member countries.
Member states:
Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.
Secretary General: - Dr. Widi Agoes Pratikto
Establishment of D-8:
The establishment of D-8 was announced officially through the Istanbul Declaration of Summit of Heads of State/Government on June 15, 1997.
Objectives of D-8:
The objectives of D-8 Organization for Economic Cooperation are to improve member states’ position in the global economy, diversify and create new opportunities in trade relations, enhance participation in decision-making at international level, and improve standards of living.
D-8 is a global arrangement rather than a regional one, as the composition of its members reflects. Organization for Economic Cooperation (D-8) is a forum with no adverse impact on bilateral and multi-lateral commitments of the member countries, emanating from their membership to other international or regional organizations.
Recent summit:
The Developing Eight Organization (D-8) successfully held its 8th Summit from 19-22 November 2012 in Islamabad.
Four other events also took place on the sidelines of the Summit; the second meeting of the D-8 Central Bank Governors, the 6th meeting of the D-8 Business Forum with the participation of national chambers of commerce and industry and private sector entrepreneurs, the first meeting of Trade Promotion Organizations (TPOs), and a trade exhibition with the participation of private companies from the member countries.
Pakistan assumed the chairmanship of Developing-8 countries as the outgoing Nigeria completed its two-year term.
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