The D-8 Commission of the Economic Cooperation Organization began its 48th session in Cairo on Tuesday, ahead of the 11th D-8 Summit scheduled for Thursday in the Egyptian capital.
Chaired by Egyptian Ambassador Ragy el Etreby, the Egyptian Deputy Foreign Minister for International and Regional Multilateral Economic Affairs and D-8 Commissioner, these meetings are an opportunity to address key issues on the Cairo Summit agenda, including ways to strengthen economic cooperation in various fields among member states, Ambassador Etreby stressed.
The Egyptian Ambassador highlighted the crucial importance that Egypt attaches to the D-8 and its current chairmanship of the organization, which runs until the end of 2025.
Etreby discussed the prospective opportunities to promote economic relations with member states in the industrial, agricultural and services sectors, in support of Egypt’s overall development goals.
He stressed the importance of strengthening cooperation to attract investments, as well as increasing the volume of trade.
He added that the D-8 member states represent a significant market, with a population of more than one billion people and a gross domestic product of approximately five trillion dollars.
During the meetings, all member states expressed their full support for all Egyptian initiatives aimed at advancing economic cooperation within the D-8 group.
Etreby will deliver the conclusions of the Commissioners’ discussions to the 21st session of the D-8 Council of Foreign Ministers on Wednesday, in preparation for the 11th D-8 Summit scheduled for Thursday in Cairo.
Founded in 1997, the D-8 Economic Cooperation Organization is an economic cooperation organization between Egypt, Bangladesh, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.
The organization aims to improve the position of member states in the global economy, diversify and create new opportunities in trade relations, strengthen participation in international decision-making, and improve living standards.